TMC MP Flags Jute Industry Crisis, Seeks Centre's Intervention for Stabilization
2 hours agoPolitics
58LENS
3 SourcesWest Bengal, India
TBNthebalanced.news
TMC MP Flags Jute Industry Crisis, Seeks Centre's Intervention for Stabilization

Trinamool Congress MP Ritabrata Banerjee has alerted the Union textiles minister to a deepening crisis in West Bengal's jute industry, citing policy failures and irregular demand planning. The crisis, marked by raw jute scarcity, price volatility, mill curtailments, and job losses, stems from a lack of a stabilization mechanism and unpredictable demand orders. Banerjee urged the Centre to establish a raw jute buffer framework, ensure predictable demand, and finalize prices promptly to support farmers and mills.

Political Bias
45%32%23%
Sentiment
35%