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jute sector: Mixed year for jute, govt provided relief for industry to bounce back

The jute sector in India experienced a mixed year in 2023, with a bumper cash crop harvest but a mid-season demand slump. However, government intervention revived hopes, with sustained orders and supportive policies from the Centre. The Indian Jute Mills Association (IJMA) chairman Raghav Gupta said that the outlook remains steady, with a strong initial supply followed by sluggish demand between September and November.
Sanjay Kajaria Raghav Gupta Indian Jute Mills Association Jute Corporation Of India Jute Year Minimum Support Price

₹5.77 crore disbursed as crop loss compensation

Updated: 5,798 farmers in Tirunelveli district get the relief Share Article AAA Collector V. Vishnu at the farmers’ grievances day meet held in Tirunelveli on Friday.   | Photo Credit: HAND OUT 5,798 farmers in Tirunelveli district get the relief Disbursal of crop loss relief in the district has commenced and 5,798 farmers, whose crops on 5,607.72 hectares were damaged in the recent unseasonal rains received ₹5.77 crore as compensation. Informing this at the farmers’ grievances redressa...
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