India Bans Jute Imports from Bangladesh via land and sea ports except Nhava Sheva, aiming to protect domestic industry and tighten trade monitoring. Know impact, reasons, and exam relevance. India Bans Jute Imports from Bangladesh via Land and Sea Ports Background of the Ban India’s Directorate General of Foreign Trade (DGFT) issued a notification on…
Centre Hikes MSP on Jute, Promises 66.8% Returns for Farmers In a significant move to support the jute farmers in India, the central government has announced a hike in the Minimum Support Price (MSP) for jute crops. The revised MSP will now offer a 66.8% return for farmers, a welcome relief for the jute cultivation…
Shashi Bhushan Singh Appointed Secretary of National Jute Board In a recent development, Shashi Bhushan Singh has been appointed as the Secretary of the National Jute Board (NJB). This decision comes as a significant move in the administration of the jute industry, which holds immense importance in India’s economic landscape. Shashi Bhushan Singh, an experienced…
