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Which of the following statements pertaining to the jute industry is/ are correct?
Select the correct answer using the codes given below
1 and 2
1 and 3
2 and 3
1, 2 and 3
Third statement is incorrect while first and second statements are correct.
The jute industry faces a number of issues which hinder it from reaping benefit from plastic bans across different states in India. There is decline in quality of jute produced as well as the area under jute cultivation too dropped by around 9.5% over the years. The market prices of jute are lower than the support prices which may further decline in the area under jute cultivation.
By: Cammy Garg ProfileResourcesReport error
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