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Related Keywords: affordability and versatility, biodegradable alternatives to synthetic materials. increasing worldwide, eco-friendly nature, golden fiber, help improve production, jute, Jute fiber genomes, second most important natural fiber after cotton in the world, working to develop new jute varieties

Jute, known as the golden fiber, is the world’s second most important natural fiber after cotton, due to its eco-friendly nature, affordability and versatility. The demand for jute fiber as biodegradable alternatives to synthetic materials is sought for a range of purposes which is increasing worldwide.

Researchers of University of Hawaiʻi at Mānoa based in the Advanced Studies in Genomics, Proteomics and Bioinformatics (ASGPB) were part of a Bangladesh-led effort that sequenced and analyzed the genomes of two species of jute, a fiber crop primarily grown in India and Bangladesh.

Related Keywords: ban on raw -jute export, Bangladesh, BJMA, BJMC enforcement of the packaging law, DoJ, farmers in race to scale up farming, FBCCI, fueled demand for fibre, golden fiber, implementation of mandatory jute packaging law, jute farming, key player in world jute market, quality raw jute supplies, smooth supply of the item for local millers

Bangladesh is a key player in the world jute market, contributing almost 45 percent to production, while 60 percent to exports. After implementation of the mandatory jute packaging law, which has fueled demand for the fibre at home, farmers are in race to scale up farming.

After a slight decline in production last year, a bumper output of jute is expected this year as farmers this time are cultivating the fibre, encouraged by higher prices on the local market.

Related Keywords: . B-Twill sacking bags, Centre contemplating decrease in subsidy, golden fiber, governement set to 'cap' prices of raw jute, higher burden of subsidy, Jute Commissioner, jute cultivation, Jute Industry, on rise, one cheapest items India produces, price of jute produce, raw jute, shortage in production

The jute cultivation and jute industry that faced huge losses and shortage in production due to floods in West Bengal last year is a cause of concern for the government as the price of jute, that is one of the cheapest items India produces, is on rise, said a senior official in the Ministry of Textiles.

Raw jute prices have already touched an unprecedented high of Rs 54,000 a tonne, twice the level of Rs 27,000 per tonne in the year-ago period. Mill owners and traders feel commercial intervention by JCI would spike raw jute prices to the level of Rs 60000 a tonne.

Related Keywords: Bangladesh Jute Mills Corporation, cultivators across country, disbured among twenty six jute mills, Finance Division, golden fiber, peak season, procure raw jute, provided Tk hundred crore loan, shortage of fund, Textile and jute ministry

Bangladesh Jute Mills Corporation has been provided loan of Tk 100 crore by the government for procurement of raw jute from cultivators across the country. The loan will be disbursed among its 26 jute mills.

Finance Division has promised to disburse another Tk100 crore from the government exchequer after Eid-ul-fitr holidays, as the jute ministry had sought fund just two days before Eid holidays began for immediate use like payment of workers’ wages to avert agitation, according to official sources.

Related Keywords: diversified jute products, golden fiber, jute-based handloom industries, marketing strategy, Small and Medium Industries Foundation, technical cooperation, training course, WEAB

Small and Medium Industries Foundation (SMIF) from Dhaka has been extending technical cooperation in conducting the training course on Methods for Production of Diverisified Jute Products and Marketing Strategy from yesterday to 31 and 25 women entrepreneurs of Panchagarh district.

Deputy Commissioner of Panchagarh Mohammad Salah Uddin attended the inaugural ceremony and formally launched the training course as the chief guest with Panchagarh district unit President of Women Entrepreneurs Association of Bangladesh (WEAB) Advocate Rina Parveen in the chair.

Related Keywords: Bangladesh jute industry, Bangladesh Jute Mills Corporation, golden fiber, Jute Packaging Act 2010, jute product, Jute Protection Committee

With demand for Bangladesh jute products gaining momentum in both national and international markets, the Jute Protection Committee shows concern over the Mandatory Jute Packaging Act 2010 not yet implemented properly even four years after the act came into being.

They observed that the implementation of the act is not up to the mark to make the industry viable. More subsidiaries are needed to mobilise the sector as the demands for jute products are on the rise nationally and internationally.

Related Keywords: ec0-friendly product, golden fiber, Indian jute industry, policy, solution and suggestion

To boost production and consumption of jute and keeping workers interest in mind, consensual and amicable solutions and suggestions have been called for in the areas of policy and implementation in the jute sector with a view to develop by Union Labour minister Narendra Singh Tomar, who met with the representatives from Textiles, Commerce and Industry and Finance ministries as well as different trade unions during the tripartite meeting.