Search Result for : Jute Industry

The Dollar Business Bureau The Government imposed definitive anti-dumping duty on imports of jute and jute products from Nepal and Bangladesh on Jan 5. In its notification no.01/2017-Customs (ADD) dtd Jan 5, 2017, the government details that anti-dumping duty ranging from $6.30 to $351.72 has been imposed on these products originating from Nepal and Bangladesh to protect the interests of the domestic manufacturers. The anti-dumping duty shall be effective for five years beginning from the date of publication of this notification and the duty shall be paid in Indian currency. The import restrictive levy has been imposed on jute yarn/twine, Hessian fabric and jute sacking bags in "all forms and specifications". The DGAD, based on the complaints received from the local players had initiated an investigation last ...

The Dollar Business Bureau  Union Minister of Textiles Smriti Zubin Irani launched three initiatives, ‘Jute Smart’, ‘Dashboard for Integrated Skill Development Scheme’ and ‘Bunkar Mitra’ to promote good governance. Jute Smart is an online integrated portal to facilitate purchase of Jute bags from the Jute Industry by the State Procurement Agencies. This portal provides easy access to all the stakeholders to information related to jute bags, facilitates end-to-end transactions related to procurement of ‘B-Twill sacking’. It also provides more transparency and makes business easy in the jute sector. Dashboard for Integrated Skill Development Scheme hosted on the NIC Cloud with access to public the information relating to the progress of ISDS along with State wise details of all live training programmes under the scheme will ...

Source: PTI Expecting a bumper jute crop this season, the Jute Commissioner's (JC) office is all set to recommend to the Centre against dilution of mandatory jute packaging on fears that it may drive farmers to suicide.  A meeting of the Standing Advisory Committee (SAC) of the Ministry of Textiles on July 15 is slated to discuss the procurement plan for the 2016-17 season. The JC forecasts jute production during the current season to be in excess of 90 lakh bales. The commissionerate officials feel that any dilution in mandatory packaging in food grains from the current 90 per cent would set back demand of jute bags, forcing mills to cut down production leading to large-scale unemployment, which could create a law and order situation as well. If ...

Source: PTI The event beginning January 7 assumes even larger significance as the year 2015 did not see much industrial activities fructifying on the ground Expectations are running high from the upcoming Bengal Global Business Summit, after a year marked with subdued industrial activities and mounting woes for the traditional jute and tea industries. The three-day Summit, beginning January 7, is being showcased by the Mamata Banerjee as a platform to be part of “a new, business-ready Bengal”, after investment commitments to the tune of Rs.2.43 lakh crore received in its last edition in 2015. The event assumes even larger significance as the year 2015 did not see much industrial activities fructifying on the ground while the state is also headed ...

The Dollar Business Bureau In an effort to revive the Jute Industry, Ministry of Textiles has embarked upon a mission to persuade State governments to order more jute sacking. State Government representatives assured that they would sort out the issue in consultation with the jute industry. In addition to the above, Santosh Kumar Gangwar, Minister of State for Textiles (I/C), has taken several steps to strengthen the jute sector. As part of these steps, NJB (National Jute Board) will intensify development and promotion of diversified jute products. Training of Women’s Self Help Groups, including that of groups of Tiger widows in the Sundarban, will be given particular emphasis. Reputed R&D institutes such as IIT Kharagpur, NITRA and IJIRA are ...