3 challenge faced by jute industry
Answers
Explanation:
The two challenges faced by the jute industry in India are:
(i) Stiff competition in the international market from synthetic substitutes.
(ii) Supply competition from other jute producing nations like Bangladesh, Brazil, Philippines, Egypt and Thailand.
The major objective of the National Jute Policy, 2005 are:
(i) To increase productivity.
(ii) To improve quality.
(iii) Ensuring good prices to the jute farmers.
(iv) Enhancing the yield per hectare.
(v) The internal demand for jute has been on the increase because.
(vi) The government policy of mandatory use of jute packaging.
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Hey mate
Answer:
Major problems of Indian Jute Industries :
I)High cost of production.
ii)Storage of raw Jute.
iii)Shortage of Power Supply.
iv)Growth of Jute mills in Bangladesh and loss of foreign marke.
v)Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad.
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