Home / Knowledge / News / Textiles / Jute Technology Mission to be implemented by 2012
Jute Technology Mission to be implemented by 2012
19
Nov '09
With a view to increase production of Jute, the Government has launched the Jute Technology Mission(JTM) in major jute growing States in February 2007 for a holistic growth and development of Jute and Diversified Jute Products at an estimated cost of Rs. 355.55 crore. The Mission is to be implemented by 2012.

The Mission comprises four Mini-Missions of which Mini-Missions-I and II are being implemented by the Ministry of Agriculture and Cooperation and Mini-Missions-III & IV are being implemented by the Ministry of Textiles. In addition,Government provides price security to farmers through Minimum Support Price(MSP)operations. This was stated by the Minister of State of Textiles, Smt. Panabaaka Lakshmi in the Lok Sabha, in a written reply to a question by Shri Prasanta Kumar Majumdar, Shri Narahari Mahato, Shri Manohar Tirkey, and Shri Nripendra Nath Roy.

The Minister further informed the House that the Government fixes the Minimum Support Price (MSP) of various grades of jute based on the recommendations of the Commission for Agricultural Costs and Price (CACP). Based on such recommendations, the Government has already increased the MSP for the current jute year (2009-10) by Rs. 125 over the last year, and declared an MSP of Rs. 1,375 for TD-5 grade jute this year.

Press Information Bureau

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search