Indian jute industry (crisis factors): Identify the reasons behind the present crisis in India’s jute sector. Assess the following factors: (1) Decline in overseas markets (2) Inadequate supply of raw jute (3) Stiff competition from synthetic packing materials Select the correct combination(s).
General Knowledge
Indian Geography
Difficulty: Medium
Choose an option
Answer
Correct Answer: (1), (2) and (3)
Explanation
Reasons
- Overseas demand decline due to changes in global packaging and sourcing.
- Raw jute supply constraints from acreage/price/weather fluctuations.
- Competition from synthetics (plastics/PP) erodes market share.
Final AnswerAll three: (1), (2) and (3).