Question

explain government policy for jute industry​

Answer 1

Explanation:

In 2005, the government formulated the National Jute Policy with the objective of increasing productivity, improving quality, ensuring good prices to jute farmers and enhancing the yield per hectare. The jute industry faced tough competition from synthetic substitutes and competitors such as Bangladesh and Brazil.

Answer 2

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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.