mention any two challenges faced by the jute industry in india state any one steps taken by the government to stimulate its demand
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ᴩʀᴏʙʟᴇᴍꜱ ꜰᴀᴄᴇᴅ ʙy ɪɴᴅɪᴀɴ ᴊᴜᴛᴇ ɪɴᴅᴜꜱᴛʀɪᴇꜱ.
→ Problem of raw material
→International competition from synthetic substitution other international competitors like Bangladesh Brazil Egypt Thailand and Philippines.
→Less demand
→ High prices.
ꜱᴛᴇᴩꜱ ᴛᴀᴋᴇɴ ʙy ɪɴᴅɪᴀɴ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴛᴏ ɪᴍᴩʀᴏᴠᴇ ᴍᴀʀᴋᴇᴛ ᴏꜰ ᴊᴜᴛᴇ.
→internal demand has been increased due to government policy in which use of jute packaging mandatory for sugar.
→In 2005 national jute policy was formulated with the objective of increasing productivity, improving quality,ensuring good prices to the jute farmers and to increase yield per hectare.
Hope it helps.
→ Problem of raw material
→International competition from synthetic substitution other international competitors like Bangladesh Brazil Egypt Thailand and Philippines.
→Less demand
→ High prices.
ꜱᴛᴇᴩꜱ ᴛᴀᴋᴇɴ ʙy ɪɴᴅɪᴀɴ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴛᴏ ɪᴍᴩʀᴏᴠᴇ ᴍᴀʀᴋᴇᴛ ᴏꜰ ᴊᴜᴛᴇ.
→internal demand has been increased due to government policy in which use of jute packaging mandatory for sugar.
→In 2005 national jute policy was formulated with the objective of increasing productivity, improving quality,ensuring good prices to the jute farmers and to increase yield per hectare.
Hope it helps.
Answered by
52
Answer:
The challenges faced by 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,Egypt etc.
Government step to stimulate jute demand
To stimulate the demand for jute, the government has introduced a policy of mandatory use of jute packaging.
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