ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Aid- All Is Forgiven

ply situation. Indian jute is inferior as well as more expensive, and farmers often divert acreage to rice from jute adding to the year-to-year instability in raw jute supply. Much of the trade is effectively controlled by the industry which has therefore made up on raw jute margins in years of poor crop what it has lost out on the finished output Government-supported attempts, as for instance the Jute Buffer Stock Association, operated by the Indian Jute Mills Association ostensibly to stabilise raw jute supplies, have thus been less than serious or successful. The industry itself, like the cotton textile industry, comprises mills ranging from the efficient to the marginal, which fact has precluded any concerted attempt at solving the industry's problems. Instead, the industry has more often than not concentrated on obtaining fiscal concessions and protection from internal as well as external competition, rather than on reinforcing its own efficiency and improving the productivity of raw jute. Thus IJMA's much-vaunted package-programme for raising raw jute productivity has petered out and it has recently been greatly concerned about the possibility of newer mills coming up elsewhere in the country, threatening the 'viability' of the present mills.

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