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Indian jute industry (crisis factors): Identify the reasons behind the present crisis in India’s jute sector. Assess the following factors: (1) Decline in overseas markets (2) Inadequate supply of raw jute (3) Stiff competition from synthetic packing materials Select the correct combination(s).

Difficulty: Medium

Correct Answer: (1), (2) and (3)

Explanation:

Reasons

  • Overseas demand decline due to changes in global packaging and sourcing.
  • Raw jute supply constraints from acreage/price/weather fluctuations.
  • Competition from synthetics (plastics/PP) erodes market share.


Final Answer
All three: (1), (2) and (3).

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