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Decline in Jute Production 2024
September 22 , 2024
63 days
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- Jute production is expected to drop by 20% this financial year.
- This season cultivation was affected in West Bengal and Assam because of natural calamities this year.
- Floods had damaged the crop in some areas, impacting production.
- Jute exports had the potential for ₹4,500 crore annually.
- It was ₹3,000 crore last financial year and was projected to be almost ₹3,500 crore during the current fiscal.
- It was estimated that one tonne of jute plant would give 495 litres of ethanol.
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