Explain any two main challenges faced by the jute industry in India. Explain any three objective of national jute policy.
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Two main challenges faced by the jute industry in INDIA are :
«»High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier.
«»Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad: Indian jute goods have been losing ground in the world market primarily due to keen competition from synthetic substitutes and also supplies from Bangladesh and China
Any three objectives of national jute policy are:
«» Mandatory use of Jute goods: Mandatory use of Jute bags in food grains and sugar, cement and in fertilizers.
«» Modernization and Rationalization: Modernization and rationalization of Jute mills have been undertaken.
«» Nationalization of ‘sick’ Jute mills: The National Jute Manufacture Corporation Limited (NJMC) under the Ministry of Textiles has taken over the management of sick Jute mills.
HOPE IT HELPS U......
PLZ MARK AS BRAINLIEST.......
Two main challenges faced by the jute industry in INDIA are :
«»High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier.
«»Emergence of substitute goods against gunny bags and loss of demand for jute goods both at home and abroad: Indian jute goods have been losing ground in the world market primarily due to keen competition from synthetic substitutes and also supplies from Bangladesh and China
Any three objectives of national jute policy are:
«» Mandatory use of Jute goods: Mandatory use of Jute bags in food grains and sugar, cement and in fertilizers.
«» Modernization and Rationalization: Modernization and rationalization of Jute mills have been undertaken.
«» Nationalization of ‘sick’ Jute mills: The National Jute Manufacture Corporation Limited (NJMC) under the Ministry of Textiles has taken over the management of sick Jute mills.
HOPE IT HELPS U......
PLZ MARK AS BRAINLIEST.......
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8
Challenges
→ Competition from synthetic industry.
→ Obsolete machinery ensuing high cost of production.
National Jute policy:
→ It aims at increasing jute production.
→ It makes the use of jute mandatory for packaging. This is done to increase the jute usage within the country.
→ Also aims at advancing technology of old mills.
→ Competition from synthetic industry.
→ Obsolete machinery ensuing high cost of production.
National Jute policy:
→ It aims at increasing jute production.
→ It makes the use of jute mandatory for packaging. This is done to increase the jute usage within the country.
→ Also aims at advancing technology of old mills.
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