Which of the following factors are responsible for the present crisis in the jute industry in India ?

A. The decline in overseas market

B. Inadequate supply of raw jute

C. Stiff competition from synthetic packing materials

Choose the correct answer: 

Key Points

• The jute industry in India is facing a crisis due to the decline in overseas market.
• There is an inadequate supply of raw jute which hampers the production process.
• The industry is encountering stiff competition from synthetic packing materials.
• All of these factors combined are contributing significantly to the current crisis in the Indian jute industry.

Additional Information

• Decline in Overseas Market:
  • The demand for jute products has decreased in international markets due to the availability of cheaper alternatives.
  • This decline has negatively impacted the export revenue of the jute industry.
• Inadequate Supply of Raw Jute:
  • Raw jute is essential for manufacturing jute products.
  • Factors such as poor agricultural practices, climate change, and reduced cultivation area have led to a shortage in the supply of raw jute.
• Competition from Synthetic Packing Materials:
  • Synthetic materials like polypropylene and plastic have become popular due to their durability and lower cost.
  • This has led to a decline in the demand for jute products, as they are often seen as less efficient compared to synthetic alternatives.