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Jute farmers reap rich dividends
Aug '10
The farmers are now through with field-level yielding of jute crops in each of the eight districts to the north of the Rangpur Agriculture Zone (RAZ).

Subsequent to the pragmatic measures initiated by the government, the farmers inconsequent to some variations are now fetching Taka 1,600 to 1,900 for each maund (every 40 kg) of jute, which is considered to be the one of highest price till date.

Despite the fact that, farmers are selling jute crops at higher prices, there are still chances that hundreds of middlemen who have stockpiled the crop would reap greater benefits as they sell it, a few months later, experts' observed.

In the mean time, the process of disbursing the Taka 83.92 crore worth incentives to 419,000 cultivators in the eight RAZ districts has already been concluded. This stimulus package was intended to ease the jute rotting process and to improve the quality of fibre with the help of ribbon retting techniques.

Farmers in majority of the district are through with the jute fibre retting and separation process while utilizing conventional techniques, but farmers in some of the districts are still working on this as crop cutting was delayed on account of late sowing.

Where around 15 BJMC jute mills have been procuring jute for Taka 1,550 to 1,640 per maund, the private jute millers have been purchasing the best quality jute for up to Taka 1,900 per maund .

Even then, farmers in some of the remote areas of the region are still selling their crops at Taka 1,200 to 1,500 per maund. This is mainly because of non-existence of the BJMC purchasing centres or major private jute mills in the area, industry sources divulged. The overall jute production is seen at about 2.2 million bales.

Fibre2fashion News Desk - India

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