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National Jute Policy to raise export of jute products

29 Nov '06
2 min read

The salient features of the National Jute Policy are to increase the quantity of export of jute and jute products by achieving a CAGR of 15% per annum, produce good quality jute fibre and value added diversified jute products, ensure remunerative prices to the jute farmers and enhance per hectare yield of raw jute.

For the successful development of next-generation Jute Machinery to reduce the cost of production and / or quality improvement, as also for aiding export of jute products, the National Jute Policy, 2005 recommended that the following measures have to be put in place in a time span of five years:

To complete comprehensive Benchmarking (through Technology Audit) to assess the present technological status of the jute industry;

To formulate a 5 year Plan for machinery development, for both the organized and decentralized sectors (and also for the cottage industry); and

To establish a separate R&D set-up in the area of a Public-Private Partnership in consultation with the appropriate Ministries of the Government of India.

The National Jute Policy also envisages the establishment of a Jute Technology Mission (JTM). Mini Mission –IV of the Mission has a component for Machinery Development.

As per statistics : June, 2006, published by FAO, World exports of jute, kenaf and allied fibres during 2004 was 7,40,200 M.Ton. India's export during 2004-05 was 3,21, 800 M.Ton. This constituted 43 per cent of world export.

Export Target fixed for of the 10th Plan period is US$ 634.52 million for Jute, Hemp, Mesta Textiles.

Click here to read Export Performance of Indian Jute Sector:

This information was given by the Minister of State for Textiles Shri E.V.K.S. Elangovan in a written reply in Lok Sabha.

Press Information Bureau Government of India

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