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The request for relaxation has been made due to the increased cost associated with the use of jute bags, as well as the operational challenges they present
A robust export market for shopping bags has emerged, but whether it can help the ailing jute industry reduce its dependence on heavily regulated government purchases is an open question
Raw jute prices going haywire in the ongoing 2020-21 season may put an additional burden of Rs 2000 crore on the govt exchequer for procuring environment-friendly jute bags for food grain packaging
Total outstanding pegged at Rs 250 cr; a section of trade unions threatens hunger strike if wages are not cleared
The West Bengal govt's permission to operate with 15% workforce will barely allow them to meet 15-20% of the overall demand for bags worth about Rs 1,500 cr
These bags have an aluminium foil lamination so that the laddoos retain freshness and aroma and remain free from moisture and bacteria
In an industry known more for industrial violence and lockouts, the excitement is palpable at the surge in demand, after decades of stagnation, whether from the government or from global retailers
The jute industry struggled to meet its supply commitments for packing food grains in June and July
The Union textiles ministry is learnt to have rejected a suggestion by the Jute Commissioner to lower use of jute bags in 2017-18.The Jute Commissioner had recommended reducing use of jute bags for food grains packing by five per cent- from 90 per cent now to 85 per cent for this financial year. "In the ministry's opinion, lowering the use of jute bags will lead to a crisis situation within the industry and cause an abrupt fall in raw jute prices. It is because the availability of raw jute is more than the previous year", said a source close to the development.In the recent past, this is the first time when higher authorities in the textiles ministry have turned down suggestions made by its lower office. In May this year, the Jute Commissioner in his seven-point suggestion before the standing advisory committee had suggested a phased lowering of jute bags to 50 per cent by 2023-24. The ministry, however, differed with the Jute Commissioner and stated that in view of raw jute ...
Data shows that between May 23 and June 30, orders for 399,970 bales of jute bags were placed