The government today said the National Jute Manufacturers  Corporation (NJMC) would be revived through the public-private partnership route.

Textiles Minister Dayanidhi Maran said it had been estimated that an amount of Rs 1,202 crore would be required to revive NJMC.

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At an interactive session on 'The future of Indian jute industry', Maran said there was a necessity for creating a brand equity fund for promotion of jute products abroad.

He said the government would work towards these policies in consultation with the commerce ministry and banks.

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