What are the main problems of Jute Industry?
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The industry also loses competitiveness due to obsolete technology, higher prices and industrial sickness in the Jute mills. The industry has become stagnant, unproductive and inefficient due to over dependence on jute sacks; and non-diversification.
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Some of the main problems of Jute production are:
Low yield per Acre,
Productivity rate,
stiff competition,
Decrease in demand,
Strikes and
lock-outs, hygiene.
Explanation:
- Jute production is a long and tiresome process which requires a lot of carefulness and hard work.
- Jute is a very difficult crop to procure as it absorbs all the minerals from the soil, making consecutive crop planting impossible.
- Jute is also difficult to manage for some time because of its low yield per area grown.
- Even if jute is produced, it has a lot less demand in the market due to various other materials with the same uses as Jute.
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