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
  • Ice creams & Yogurt Parlors
    About Us: FRIENDLY OPPORTUNITY FOR ENTREPRENEURS Low Cost of Capital Minimum Operational Expenses..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 25
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • About Us: Credence International Schools is a K-12 Venture of Credence..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 20000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Furniture/Home Decor & Furnishing
    About Us: Commune, Founded in 1972 Furniture brand with cutting-edge design and craftsman..
    Locations looking for expansion New Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad New Delhi
  • Online Coaching
    About Us: ‘Connecting The Dots’ (CTD) was established in 2013 by..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
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