Facebook Pixel Role Of JCI Will Be Greater This Year For Jute Cultivators | BUSINESS ECONOMICS - Business - Read this story on Magzter.com

Try GOLD - Free

Role Of JCI Will Be Greater This Year For Jute Cultivators

BUSINESS ECONOMICS

|

September 01-15, 2017

The Jute Corporation of India (JCI) will have a greater role this year in the pricing of raw jute in India.

- Kishore Kumar Biswas

Role Of JCI Will Be Greater This Year For Jute Cultivators

This year is particularly important because the production of jute is expected to be much higher in spite of the flood impact in West Bengal, the biggest producer of jute in the country. Purnendu Bose, Minister in Charge, Agriculture, Government of West Bengal, told BE that in vast areas of north Bengal, in the districts of Cooch Behar, Jalpaiguri, North and South Dinajpur, Maldah etc., about 3442 hectares of jute cultivated land have been affected by flood. The cultivators will have to be compensated somehow. But I think the loss of production may not be as massive as it should be. Last year production was 85 lakh bales (1 bale =180 kg). This year production would have been about 90 lakh bales but due to flood situation it may come down to about last year’s level of production, added Bose.

Minimum Support Price (MSP) and its role

MORE STORIES FROM BUSINESS ECONOMICS

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Linc Limited honoured as one of the "Most Trusted Brands of India (2026-2027)" by Marksmen Daily (6th Edition)

Linc Limited is proud to announce its recognition as one of the \"Most Trusted Brands of India (2026-2027)\" by Marksmen Daily in its 6th Edition.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

India opts green energy for sustainable growth

India is the world's third-largest producer and consumer of electricity, following China and the United States, with a total installed capacity exceeding 530 GW as of March 2026.

time to read

8 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

Banking Prudence

A familiar tension is visible in the Indian banking sector as the Reserve Bank of India pushes lenders towards a more rigorous, forward-looking assessment of loan risks.

time to read

2 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Bank of Maharashtra opens its 71st Branch in West Bengal and 74th Branch in Kolkata Zone, Bandel

Bank of Maharashtra (BOM) inaugurated its 71st Branch in West Bengal and 74th in the Kolkata zone.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Stop treating education as a sectoral input or a numbers game

He is a writer and education thinker focused on India's education landscape.

time to read

6 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Journey of Sandip Nowlakha: Building a Legacy in the Food & Beverages Business

Sandip Nowlakha has established one of the most respected portfolios in vegetarian food and hospitality across Eastern India.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

Waaree Renewable Technologies Ltd

Waaree Renewable Technologies is an Indian renewable energy company engaged primarily in the engineering, procurement, and construction (EPC) of solar power projects was incorporated in 1999 earlier known as Sangam Renewables Limited and was rebranded as Waaree Renewable Technologies Ltd in the year 2021.

time to read

3 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Novotel Kolkata Hotel & Residences appoints CA Tushar Joshi as Finance Controller

Novotel Kolkata Hotel & Residences is delighted to announce the appointment of CA Tushar Joshi as Finance Controller.

time to read

1 min

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Role of Remittances once again to the fore

The IMF-World Bank Annual Spring Meetings which were held in Washington, D.C. on (13-18 April 2026), were overshadowed by the escalating conflict in West Asia, with global leaders warning of \"substantial\" economic shocks.

time to read

5 mins

May 1 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

The West Asia crisis is a wake-up call for India to reduce petroleum intensity

India remains heavily dependent on petroleum imports, with domestic production meeting only a small fraction of total consumption.

time to read

3 mins

May 1 - 31, 2026

Translate

Share

-
+

Change font size