SSC
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lack of Raw Material
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Famines
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Earthquakes
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None of these
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Detailed explanation-1: -After partition of Bengal into East Pakistan which is now Bangladesh, all the jute growing areas went over to Bangladesh and India was left with jute mills . Due to this partition there was a tremendous shortage of raw material for the jute mills.
Detailed explanation-2: -The jute industry was adversely affected as most of the jute-producing areas went to Pakistan.
Detailed explanation-3: -World market rivalry:-India’s jute industry is facing stiff competition from countries such as Bangladesh, Thailand, Brazil, Egypt, etc., which sell very cheap jute products. Competition from substitutes:-Jute products have been replaced by products made from synthetic fibres.
Detailed explanation-4: -Why in news: Battered by raw material shortage and supply chain disruptions due to the ongoing COVID-19 pandemic, the more than 150-year-old jute industry failed to meet demand for food grain packaging in 2021.