chapter viii wool & wollen textiles industry - Ministry of Textiles

(A)
Table 6.10
ministry of textiles
Quantity in ‘000’ MT
Value Rs. In Crores
(Apr- Mar)> 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010
ITEM Qnty Value Qnty Value Qnty Value Qnty Value Qnty Value
Raw Jute 136.22 189.77 94.36 150.31 171.80 196.72 59.0 89.00 82.9 197.4
Jute Products 77.02 172.56 60.93 171.63 57.68 138.09 70.94 202.99 112.8 453.2
Total 213.24 362.33 155.29 321.94 229.48 334.81 129.98 291.99 195.7 650.6
% change 80% 126% -27% -11% 47.8% 4.0% -43.3% -12.7% 50.6% 122.8%
over last year
(B)
ITEM
2010 2011
APRIL-AUGUST AUGUST
Qty. (in’000’MT) Value (Rs. In Crores) Qty. (in’000’MT)
%
Change
over
Last year
2010 2011
%
Change
over last
year
2010 2011
%
Change
over last
year
Raw Jute 10.3 93.7 809.7% 28.5 253.4 789.1% 4.2 13.9 230.9%
Jute Products
29.8 48.7 63.4% 129.3 215.4 66.6% 8.9 9.1 2.2%
TOTAL 40.1 147.4 267.6% 157.8 468.8 197.1% 13.1 23.0 75.6%
2010-11
The 2010-11 season started with a
carryover of 12 lakh bales and a drought
like situation occurred in a number of
jute growing districts in West Bengal and
Bihar. There was a shortage of high grade
jute due to a shortage of water available
for retting. The season began with a price
of Rs.3005/- per quintal and went upto
Rs.3377/- per quintal in the month of Nov,
2010. Thereafter, the prices came down
marginally and reached Rs.2724/- per
quintal at the end of jute season.
2011-12
The season started with a huge carryover
stock of 18.0 lakh bales and the crop
for the year was estimated at 110.0 lakh
bales. The price of raw jute recorded at the
beginning of the season was Rs.2475/-
per quintal. As the crop started arriving in
the market, the prices have gone down.
At the end of November, 2011, the price
ruled at Rs.2079/- per quintal.
INCENTIVES TO THE JUTE
SECTOR
A) FIXATION OF SUPPORT PRICE AND
THE PROCUREMENT OF RAW JUTE
UNDER MSP:
Purchases made under MSP and
commercial operation during the last
several years by the Jute Corporation of
India are given at table 6.11.
The minimum support price is fixed by the
Govt. on the basis of recommendations
of the Commission for Agricultural Costs
and Prices (CACP). As per CACP reports,
while formulating the agricultural price
72