Business Daily from THE HINDU group of publications
Thursday, Sep 20, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Packaging
Agri-Biz & Commodities - Jute
Centre urged to extend jute packaging Act timeframe

Our Bureau

Kolkata, Sept. 19 The President of the Gunny Trades Association, Mr Hrishikesh Shroff, has urged the Centre to discontinue with the practice of reviewing and extending the Jute Goods Packaging Material (Compulsory use in Packaging Commodities) Act (JPMA) on a yearly basis. Instead, it would auger well for the jute industry if the extension is granted for a period of 5-10 years.

Speaking at the trade body’s 82nd annual general meeting held here today, Mr Shroff said the overall demand for jute bags was determined by the implementation of the JPMA. With the Government permitting fertilisers and cement – and even sugar and foodgrains for some time – to be packed in synthetic bags, the industry had been impacted adversely.

The recent Government decision to continue with the reservation of 100 per cent packaging of foodgrains and sugar in jute bags had come as a relief to the industry and would go a long way in achieving the targets set in the National Jute Policy 2005.

He said the indefinite strike in the jute mills sector from January 5, to March 8, had caused irreparable damage to jute mills and the trade. Suspension of production in jute mills provided a shot in the arm to the synthetic packaging sector resulting in dilution of jute packaging norms.

More Stories on : Packaging | Jute | Industry Associations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
TCS deploys tool for Bahrain Govt


BSNL bags broadband project
Nuclear deal: No intrusive inspections, says Minister
Kharif foodgrain output pegged at 112.24 mt
Nathula: Local traders seek revision of obsolete list of items
Health Ministry planning policy for IT sector
MoU for research in dementia
Blasts effect: Hyderabad hospitality industry hit
OECD raps India's SEZ policy
ONGC seeks market price for gas
ONGC pegs KG basin investment at $5 b
Treatment of pharma R&D costs
Nuclear deal: No intrusive inspections, says Minister
UPA-Left panel to meet again
Rising steel prices taking toll on small fastener units
West Bengal to tie up with Jusco for supplying drinking water
MMA convention to focus on bottom of the pyramid
Tata Sky enters kitchens too
Broadcast Audience Research Council formed
IBS, Kolkata placement attracts global players
Govt setting up national food technology institute
DLF lines up Singapore listing plan
N- deal will help India meet energy needs: Mulford
PMO asks Jharkhand to allot Chiria mining lease to SAIL
Sony to make Bollywood movies with Eros
Centre urged to extend jute packaging Act timeframe
Ericsson launches rural wireless broadband project
Nabard sanctions Rs 52 cr to Bengal
Meet on entrepreneurship
ESOPs and advance tax payment
Russia lifts curb on Indian sesame seeds, groundnut
Pioneer Underwater to venture into cruise tourism
Efforts on to sustain tourist flow to Kerala


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line