chapter viii wool & wollen textiles industry - Ministry of Textiles
chapter viii wool & wollen textiles industry - Ministry of Textiles
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 />
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