Jute Industry Faces Crisis Amidst Raw Material Shortage and Price Hikes
3 hours agoBusiness
47LENS
1 SourcesIndia
TBNthebalanced.news
Jute Industry Faces Crisis Amidst Raw Material Shortage and Price Hikes

India's jute industry faced a significant crisis in 2025 due to a severe shortage of raw materials and soaring prices. Farmers shifted to alternative crops like maize, reducing jute cultivation acreage despite a government-set MSP. This supply crunch led the government to permit plastic packaging for food grains, impacting the labor-intensive jute sector, which supports hundreds of thousands of workers and farmers in West Bengal.

Political Bias
33%34%33%
Sentiment
35%