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chapter viii wool & wollen textiles industry - Ministry of Textiles

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ministry <strong>of</strong> <strong>textiles</strong><br />

limit. The losses incurred by JCI while<br />

implementing the open-ended policy <strong>of</strong> the<br />

Government <strong>of</strong> India to support the jute<br />

farmers are reimbursed by the Government<br />

<strong>of</strong> India. The Corporation has started<br />

marketing <strong>of</strong> non-traditional jute products in<br />

collaboration with the National Jute Board<br />

through a sales Emporium at Kolkata.<br />

Currently, JCI is operating through 171<br />

Department Purchase Centers (DPC)<br />

situated in 7 Jute Growing States namely<br />

West Bengal, Assam, Maghalaya, Bihar,<br />

Orisa, Andhra-Pradesh and Tripura. In<br />

order to increase its market coverage, JCI<br />

has involved Cooperative Society in the<br />

Jute Growing States to participate in MSP<br />

operation in the raw jute/ mesta through<br />

their DPCs.<br />

There are three types <strong>of</strong> jute i.e. Tossa<br />

(TD), White (W) and Mesta (M) which<br />

is graded according to their quality. The<br />

Commission for Agriculture Costs and<br />

Prices (CACP) undertakes a study every<br />

year to recommend the Minimum Support<br />

Price <strong>of</strong> raw jute. JCI provides all the<br />

data and necessary assistance to CACP<br />

in this regard. TD – 5 grade Ex-Assam<br />

price for MSP Operation is declared<br />

by the Govt. <strong>of</strong> India in the month <strong>of</strong><br />

February- March each year and the same<br />

is taken as a base by the <strong>of</strong>fice <strong>of</strong> the<br />

Jute Commissioner who fixes the MSP<br />

for all other locations along with Kolkata.<br />

Landed Price for all other Grades (MSP<br />

is the purchase price <strong>of</strong> the Corporation<br />

at which the jute is purchased from the<br />

jute growers without any quantitative<br />

limit if the prevailing market price <strong>of</strong> jute<br />

is lower than the MSP). The performance<br />

<strong>of</strong> JCI is given at table12.9.<br />

NATIONAL JUTE MANUFACTURES<br />

CORPORATION LTD (NJMC)<br />

The National Jute Manufactures<br />

Corporation Limited (NJMC) was<br />

incorporated in 1980, constituted by<br />

six nationalized jute mills viz. National,<br />

Kinnison, Khardah, Alexandra, Union&<br />

RBHM <strong>of</strong> which the first five are located in<br />

and around Kolkata and RBHM at Katihar,<br />

Bihar. NJMC is the only Public Sector<br />

Undertaking engaged in Jute goods<br />

manufacture. The Company produces<br />

traditional jute goods like Sacking,<br />

Hessian, Jute Twine.<br />

NJMC Status Report<br />

The Government <strong>of</strong> India approved the<br />

Revival Plan for NJMC with cost <strong>of</strong> Scheme<br />

<strong>of</strong> Rs. 1562.98 Crores on 19 th March and<br />

25 th November 2010. The three units<br />

namely Kinnison, Khardah <strong>of</strong> Kolkata and<br />

Particulars<br />

Quantitative (Bales/Lakh):<br />

Table 12.9<br />

5 Years Performance Highlight (Non-plan fund)<br />

2007-08 2008-09 2009-10 2010-11 Projected<br />

2011-12<br />

Procurement <strong>of</strong> Raw Jute 7.66 1.02 0.01 0.34 1.10<br />

Sales <strong>of</strong> Raw Jute 5.92 6.58 0.23 0.10 1.00<br />

Closing Stock 5.84 0.24 0.01 0.26 0.36<br />

Financial (Rs./Lakh)<br />

Sale <strong>of</strong> Raw Jute 14233.79 16666.33 892.16 566.08 4000.00<br />

Sales jute seed 18.52 15.39 79.10 625.09 1000.00<br />

Adjusted cumulative Pr<strong>of</strong>it<br />

After regulation <strong>of</strong> subsidy as<br />

per Cabinet decision<br />

7608.19 5782.38 5938.12 4791.44 5091.00<br />

178

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