What are the challenges faced by Jute Textile Industry. What efforts are made by the government to stimulate its demand ?
Answers
Answer:
The invention of synthetic as a substitute for the jute is giving a tough competition to the jute industry. 2. Because of the old technology, the cost of production is High due to which a demand of jute goods has declined.
Explanation:
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Answer:
The current problems of Jute Industries are as follows:
Shortage of Raw Material. Despite of the Government efforts to increase area under Jute, India is not self sufficient in raw material.
Obsolete Mills and Machinery.
Competition.
Decrease in the Demand.
Strikes and Lock-outs.
Efforts are
(i) In 2005, the National Jute Policy was formulated with the objective of increasing production.
(ii) Efforts would be made to improve production and introduce some new products of Jute-like fabric.
(iii) Government can ensure good prices to the Jute farmers, enhancing the yield per hectare.
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