India, Feb. 3 -- The Government of India has issued a release:
The Government under the National Jute Development Program (NJDP) has been implementing the Market Development & Promotion Scheme and the Jute Diversification Scheme for the promotion of jute diversified products. During the last five years, an amount of Rs. 124.45 crore has been earmarked for the implementation of these schemes. Under NJDP schemes, Capital Subsidy for Acquisition of Plant & Machinery Scheme, Jute Resource cum Production Centre, Jute Raw Material Bank & Production Linked Incentive schemes, the Government supports jute artisans, manufacturers, and exporters to enhance production and competitiveness.
The key challenges faced by the jute industry are obsolete mac...