 "Jute Mills, Jute Industry, Jute")
The arrival in abundance of inferior grade raw jute (TD-6 and below) in the market has triggered concerns within the jute industry with respect to meeting the requirement for government procurement.
Although there is a bumper crop size of raw jute of 10 million bales (one bale is 180 kg), 50 per cent of it belongs to the inferior grades. To compound the woes of the industry, only 4 million bales has arrived in the market, the balance is still lying with the stockists. Over production of inferior quality of raw jute has distorted the market.
"There is a pronounced
