Discussion
Which of the following factors are responsible for present crisis in the jute industry in India?
1. The decline in overseas market
2. Inadequately supply of raw jute
3. Stiff competition from synthetic packing materials
Select the correct answer from the codes given below
Answer: A
All three factors are at work.
The overseas market for jute goods shrank as buyers turned to cheaper substitutes; the supply of raw jute has been irregular since much of the growing area went to East Bengal in 1947; and synthetic packing material - polypropylene sacking above all - is lighter and cheaper, which has been the heaviest blow of the three.
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