{"id":132327,"date":"2024-09-14T19:52:48","date_gmt":"2024-09-14T14:22:48","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&#038;p=132327"},"modified":"2025-02-13T11:29:22","modified_gmt":"2025-02-13T05:59:22","slug":"flood-may-cut-jute-production-by-20","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/flood-may-cut-jute-production-by-20","title":{"rendered":"Flood may cut jute production by 20%"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">National Jute Board has anticipated a cut in Jute production by 20% this financial year.<\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>About Jute Industry\u00a0<\/b><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-132282 alignright\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/178-66e920afd5b3c.webp\" alt=\"jute production\" width=\"330\" height=\"247\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/178-66e920afd5b3c.webp 631w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/178-66e920afd5b3c-300x225.webp 300w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The jute industry is the oldest and prominent industry in India.\u00a0<\/span><\/p>\n<ul>\n<li><b>Major Jute-Producing States<\/b>\n<ul>\n<li><b>Key States:<\/b><span style=\"font-weight: 400;\"> West Bengal, Assam, Bihar, Orissa, and Andhra Pradesh.<\/span>\n<ul>\n<li><b>Concentration of Jute cultivation: <\/b><span style=\"font-weight: 400;\">85% of the world&#8217;s jute cultivation is in the Ganges Delta.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li><b>Primary Focus: West Bengal dominates the industry due to the highest number of jute mills.<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b><\/b><b>Importance to National Economy<\/b>\n<ul>\n<li><b>Golden Fiber: <\/b><span style=\"font-weight: 400;\">Jute is known for being natural, renewable, biodegradable, and eco-friendly which makes it ideal for<\/span><b> &#8216;safe&#8217; packaging.<\/b><\/li>\n<li><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-132283 alignright\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/179-66e920af02537.webp\" alt=\"jute production\" width=\"330\" height=\"283\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/179-66e920af02537.webp 655w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/179-66e920af02537-300x257.webp 300w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><b>Products:<\/b><span style=\"font-weight: 400;\"> Includes hessian (burlap), sacking cloth, food-grade jute cloth, yarn, carpet backing cloth, blankets, decorative fabrics, floor coverings, and shopping bags.<\/span><\/li>\n<li aria-level=\"2\"><b>Capacity: <\/b><span style=\"font-weight: 400;\">India has over 50 million spindles and 842,000 rotors<\/span><b> for jute production.<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b>Global Standing<\/b>\n<ul>\n<li><b>Production Leader:<\/b><span style=\"font-weight: 400;\"> India produces a major proportion\u00a0 of the world&#8217;s jute goods<\/span><b>.<\/b><\/li>\n<li><b>Domestic Consumption: <\/b><span style=\"font-weight: 400;\">Around 90% of jute production<\/span><b> is used within India.<\/b><\/li>\n<li><b>Production Figures: J<\/b><span style=\"font-weight: 400;\">ute production was 1,246,600 metric tonnes in 2022-23, up from 1,080,000 metric tonnes in 2021-22.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span class=\"vc_button\"><a href=\"https:\/\/www.pw.live\/batches\/upsc\/pw-only-ias?utm_source=seo+upsc+batch&#038;utm_medium=seo+upsc&#038;utm_campaign=seo&#038;utm_id=upsc\" target=\"_blank\" rel=\"nofollow noopener\">Enroll now for UPSC Online Classes<\/a><\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>Status of Indian Jute Exports<\/b><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-132284 alignright\" src=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/1710-66e920ae47ebd.webp\" alt=\"jute production\" width=\"330\" height=\"261\" srcset=\"https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/1710-66e920ae47ebd.webp 608w, https:\/\/pwonlyias.com\/stage\/wp-content\/uploads\/2024\/09\/1710-66e920ae47ebd-300x237.webp 300w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><\/p>\n<ul>\n<li><b>Growth in Jute Exports<\/b>\n<ul>\n<li><b>CAGR: <\/b><span style=\"font-weight: 400;\">Jute exports grew at a CAGR of 9% between<\/span><b> 2015-16 and 2020-21.<\/b><\/li>\n<li><b>Key Months:<\/b><span style=\"font-weight: 400;\"> In March and February 2022, India exported jute and floor coverings worth about US$ 49 million each.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><b>Diversification of Jute Products<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Jute-diversified Products: India exports various jute products, including hand <\/span><b>&#038; shopping bags, gift articles, decorative fabrics, etc.<\/b><\/li>\n<li><b>JDP Share: <\/b><span style=\"font-weight: 400;\">JDPs have the maximum share in jute exports, valued at about US$ 21.24 billion in<\/span><b> 2022-23.<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span style=\"font-size: 16pt;\"><b>Government Initiatives for Jute Industry<\/b><\/span><\/h3>\n<ul>\n<li><b>Improved Cultivation and Retting Exercises (ICARE)<\/b><span style=\"font-weight: 400;\">: Focuses on enhancing cultivation and retting practices.<\/span><\/li>\n<li><b>Domestic Market Promotion Activities (DMPA):<\/b><span style=\"font-weight: 400;\"> Increases domestic sales of jute products.<\/span><\/li>\n<li><b>Export Promotion Schemes<\/b>\n<ul>\n<li><b>Export Market Promotion Activities (EMPA):<\/b><span style=\"font-weight: 400;\"> Organizes international fairs and conferences.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<table style=\"width: 100.03%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\"><span style=\"color: #000000;\"><b>About Jute:<\/b><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400; color: #000000;\">Natural renewable and biodegradable fiber<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Known as<\/b><span style=\"font-weight: 400;\"> \u2192 Golden fibre<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Characteristic Features <\/b><span style=\"font-weight: 400;\">\u2192 A Kharif Crop<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Favourable Conditions<\/b><span style=\"font-weight: 400;\">:<\/span><\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"color: #000000;\"><b>Temperature<\/b><span style=\"font-weight: 400;\"> \u2192 Between 25-35\u00b0C<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"color: #000000;\"><b>Rainfall<\/b><span style=\"font-weight: 400;\"> \u2192 Around 150-250 cm<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><span style=\"color: #000000;\"><b>Soil Type<\/b><span style=\"font-weight: 400;\"> \u2192 Well drained alluvial soil<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Usag<\/b><span style=\"font-weight: 400;\">e \u2192 Making gunny bags, mats, ropes, yarn, carpets, etc.<\/span><\/span><\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Market Development &#038; Promotion Scheme (MDPS):<\/b><span style=\"font-weight: 400;\"> Promotes jute products in domestic and international markets.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Capital Subsidy for Acquisition of Plants and Machinery (CSAPM)<\/b><span style=\"font-weight: 400;\">: Provides financial assistance for acquiring jute manufacturing machinery.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span class=\"vc_button\"><a href=\"https:\/\/store.pw.live\/govt-entrance-exams\/upsc-books\/upsc-textbooks?utm_source=SEO&#038;utm_medium=PW+Live&#038;utm_campaign=UPSC+Textbooks\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">Check Out UPSC NCERT Textbooks From PW Store<\/span><\/a><\/span><\/p>\n<table style=\"width: 100.074%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\"><span style=\"color: #000000;\"><b>Governing Bodies<\/b><\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span style=\"color: #000000;\"><b>National Jute Board (NJB): <\/b><span style=\"font-weight: 400;\">Established in 2008.<\/span><\/span>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">It works towards human resource development and innovation.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\"><b>Jute Product Development &#038; Export Promotion Council (JPDEPC): <\/b><span style=\"font-weight: 400;\">Established in 1958.<\/span><\/span>\n<ul>\n<li><span style=\"font-weight: 400; color: #000000;\">It advocates for jute exports and provides various services to exporters.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u00a0<\/p>\n<table style=\"width: 99.9269%;\">\n<tbody>\n<tr>\n<td style=\"width: 137.806%; text-align: center; border-style: solid; border-color: #000000;\" colspan=\"2\"><span style=\"font-size: 18pt;\"><b>Must Read<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50.5357%; 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