Hotline: 1800 102 2007
X
Search Business Opportunities
Nov, 23 2018

Govt mandates jute packaging for all food grains

The move is considered significant because nearly 3.7 lakh workers and several lakh farm families are dependent on the jute sector for their livelihood.

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a proposal making jute packaging mandatory for all food grains.

An official statement said, "The CCEA approved that 100 per cent of the food grains and 20 per cent of the sugar shall be mandatorily packed in diversified jute bags."

The move will expand the scope of Jute Packaging Material (JPM) Act, 1987. The government also retained an earlier decision that 20% of the sugar shall be mandatorily packed in diversified jute bags.

The government had earlier made compulsory to pack 90% of the food grains and 20% of the sugar in jute bags.

"Initially, 10 per cent of the indents of jute bags for packing food grains would be placed through a reverse auction on the GeM (Government e-Marketplace) portal. This will gradually usher in a regime of price discovery," the statement added.

The move is considered significant because nearly 3.7 lakh workers and several lakh farm families are dependent on the jute sector for their livelihood.

Comment
image
Related opportunities
  • Furniture/Home Decor & Furnishing
    About Us: CC India is the company that pioneered the concept..
    Locations looking for expansion Karnataka
    Establishment year 1999
    Franchising Launch Date 2015
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Urban District Karnataka
  • Quick Service Restaurants
    About Us: The Khoune Pizza franchise model is a unique, one-of-its-kind..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 60
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Language Schools
    About Us: The British Institute of Engineering Technology (I) Pvt Ltd (BIET), London..
    Locations looking for expansion West bengal
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets 50-100
    Franchise Type Unit
    Headquater Amherst street West bengal
  • Quick Service Restaurants
    About Us: What a sandwich is an American restaurant selling submarine..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities