importance of jute industry??(5points)
Answers
India produces the maximum amount and jute and jute products. The country has more than 70 jute mills and is majorly located along the Hooghly River, West Bengal. The first jute mill was established in the year 1859 but is now facing issues pertaining to the high cost of production, low demand of jute and competition from the synthetic sector. The jute mills are located in the bank of the Hooghly River because there is an abundance of jute, coal energy, water, capital, and market. Further, the climate is favorable for this industry as well.
Jute industry plays an important role in the national economy of the country in terms of i) employment generation ii) contribution to the national exchequer by way of collection of duties and value-addition. Cultivation of jute and mesta supports livelihood of about 40 lakh farm families spread over West Bengal, Bihar, Orissa, Assam, Andhra Pradesh, Tripura, Meghalaya and Uttar Pradesh. Jute industry provides direct employment to about 2.60 lakh jute mill workers and indirectly generates additional employment of about 1.5 lakh people engaged in R&D work, manufacturing in machinery and spare parts, trade and other allied activities in service sector.