Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Frequent power cuts affect jute industry
BS Reporter / Kolkata Apr 28, 2009, 00:16 IST

Frequent power cuts over the last 15 days in and around Kolkata has taken its toll on the jute industry.

The Indian Jute Mills Association (IJMA), the representative body of the jute mill owners, has written to Mrinal Banerjee,minister-in-charge, department of power, government of West Bengal, Sumantra Banerjee, managing director. Calcutta Electric Supply Corporation and Malay Kumar De, chairman and managing director, West Bengal State Electricity Distribution Company, seeking implementation of the 'scheduled and rationing power system’ in jute mills, to tide over the current power shortage across West Bengal. .

 Click here for Cloud Computing
 
The system will mean a scheduled electric supply and rationing programme exclusively for the jute mills. "This will naturally put an end to the current unregulated and unmonitored power disruption and help the industry plan in a more scientific method to combat the current situation," said Sanjay Kajaria, chairman, IJMA, said in the letter.

If the government does not go for the rationing system, the jute industry has threatened to go for long-term closure of work.

The power crisis in the jute mills might result in a "mass or forced closure" of the mills in the state on a long-term basis to reduce its daily losses, Kajaria said.

The power situation had resulted in "troubles at the mill level with workmen sentiments running contrary to situations because of disruption," the letter further said.

Moreover, it had resulted in a daily rise in power costs by almost four times, as the 59 jute mills in the state were mostly thriving on generator support, Kajaria said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower on profit booking
- Need to redefine exploration strategies: Mines Minister
- RBI board meets to provide directions to the bank's affairs
- FinMin asks PSU banks not to overstate profit
- Allow all players in upcoming 2G auction: Vodafone
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- We live for our family. have you secured them?
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Leela parts ways with Kempinski
- Kanika Datta: The importance of being SRK
- Nestle: Food for thought
- Tailor-made but not good enough
- Star-studded jury honours corporate excellence
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us