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Jute supply plummeting after the monetary reform

Related Keywords: absence of a payment arrangement, Decline of cotton supply to textile units, disruption in sourcing, finished product, following similar trend, IJMA, jute mill, production of raw jute, rural and secondary markets, supply of raw jute to mills, the jute supply, vis-a vis demonetization

With the decline of cotton supply to textile units vis-a vis demonetization, the jute supply is also following a similar trend. The supply of raw jute to mills estimated a disruption in the sourcing of Rs 4,000-crore worth of the fibre from rural and secondary markets in the absence of a payment arrangement.

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