CPD to undertake policy study on jute sector
Monday, 23 July 2007
FE Report
The Centre for Policy Dialogue (CPD) has decided to undertake a policy study in view of the current debate and discussion with respect to the jute sector of the country to be completed in three months.
An expert consultation meeting was held at CPD Dialogue Room Sunday to discuss the objective, scope and implementation strategy of the planned study, said a CPD press release.
Preliminary analysis of the CPD reveals that the area under jute cultivation in Bangladesh during 2006-07 was 1.03 million acres and the total production was around 4.88 million bales. Although the jute acreage has reduced by 8.3 per cent over the last six years, jute production has increased by 3.2 per cent, i.e. the jute yield has grown by 12.5 per cent.
In 2005-06, the total production of jute goods was 207000 tons -a reduction of 15.8 per cent over the last six years. Over the last 25 years, production of raw jute and jute goods came down by 1.3 per cent and 53.9 per cent respectively. It is of interest to note that production of raw jute and jute goods in India during the same period increased by 1.5 per cent and 42.5 per cent respectively.
The Centre for Policy Dialogue (CPD) has decided to undertake a policy study in view of the current debate and discussion with respect to the jute sector of the country to be completed in three months.
An expert consultation meeting was held at CPD Dialogue Room Sunday to discuss the objective, scope and implementation strategy of the planned study, said a CPD press release.
Preliminary analysis of the CPD reveals that the area under jute cultivation in Bangladesh during 2006-07 was 1.03 million acres and the total production was around 4.88 million bales. Although the jute acreage has reduced by 8.3 per cent over the last six years, jute production has increased by 3.2 per cent, i.e. the jute yield has grown by 12.5 per cent.
In 2005-06, the total production of jute goods was 207000 tons -a reduction of 15.8 per cent over the last six years. Over the last 25 years, production of raw jute and jute goods came down by 1.3 per cent and 53.9 per cent respectively. It is of interest to note that production of raw jute and jute goods in India during the same period increased by 1.5 per cent and 42.5 per cent respectively.