The index number of jute production across India was 92.6 in fiscal year 2020. This indicated a decrease of over seven percent compared to the base fiscal year about a decade ago. India’s jute production records loss of Rs 1250 crores owing to the covid lockdown.
West Bengal is the highest jute producer in the country, and only a handful of jute mills were operating during the peak of the pandemic in 2020.
Over three lakh jute mill workers and 40 lakh jute farmers are associated with the Indian Jute Industry and the pandemic has hit them quite hard according to the Indian Jute Mills Association.
Indian jute manufacturers have said the lockdown has so far resulted in loss of production of I.5 lakh metric tonnes worth Rs 1250 crore and it may appeal to the Centre for a financial package for survival of the industry.