Which one of the following is not the category of Industry?
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HOMEMADE industries IS DERIVED HE ANS
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Jute industry and its commodities
Explanation:
- Manufacturing is the process of producing items in large quantities once they have been processed from raw materials to more desirable products.
- Manufacturing is a subset of the secondary sector, which involves the processing and conversion of raw materials into completed commodities.
- The development of manufacturing industries is used to gauge a country's economic strength. Because they get their raw materials from agriculture, India's agro-based businesses have provided agriculture a huge boost in productivity.
- Agriculturists have benefited from the development and competitiveness of industries because it has not only helped them increase their output but also made their production procedures more efficient.
- Farmers are transitioning to commercial agriculture in order to generate high-value crops for industry. As a result, the farmers' economic situation may improve.
- These agro-based businesses assist the expansion of many other industries, such as packaging materials and engineering works, by increasing demand. The jute industry is not classified as a consumer product. It is an agricultural-based industry.
- The jute sector faces a number of issues, including stiff competition from synthetic replacements on the international market. Bangladesh, Brazil, the Philippines, Egypt, and Thailand are also fierce contenders.
- Jute product demand is dwindling on both the foreign and domestic markets. Production costs are expensive, and many jute mills still operate with antiquated machinery.
- In 2005, the National Jute Policy was developed with the following goals in mind: In order to boost productivity To raise the standard of living To ensure that jute farmers receive fair pricing In order to increase the yield per hectare, Yes, there will be an increase in global demand for jute products.
- The growing global awareness for environmentally friendly, biodegradable materials prompted the government to make jute wrapping mandatory.
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