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Related Keywords: amid projected shortfall, B Twill jute bags, diversified jute products, double blow to the jute industry, dwindling crop supplies triggered by demonetization, food grains, Jute Corporation of India, plan ten percent dilution of the mandatory jute packaging order, prices of raw jute on downward, rabi marketing season, Union textiles ministry

With the Union textiles ministry’s plan to go for 10 percent dilution of the mandatory jute packaging order for food grains amid projected shortfall of 0.17 million bales (one bale is 180 kg) of B Twill jute bags during the rabi marketing season 2016-17 and dwindling crop supplies triggered by demonetization, the prices of raw jute are on downward trend.

The Jute 1 Packaging Materials Act, 1987, mandates 100 per cent use of jute bags for packaging of food grains meant for government procurement

Related Keywords: B Twill jute bags, freeze capacity, Indian jute industry, internal consumption lower, Jute Commissioner, Jute Packaging Materials Act, Subrata Gupta, union textile ministry

The Union textiles ministry is planning to freeze capacity of B Twill jute bags based on the recommendation made by Jute Commissioner Subrata Gupta, who had advocated freeze in capacity since internal consumption of jute bags was lower than the actual capacity. The jute bag capacity likely to freeze at 2.59 million bales (one bale is 180 kg) for 2014-15.