Importance Of Jute In World Economy

Jute Sector

Jute is a natural fiber. It is the most common natural fiber which is biologically and geologically friendly for the earth. In the present circumstances, the demand for jute fiber and its goods is remarkable. When this world becomes the victim of synthetic goods and their bad effects on people, that’s when the ecologist suggest using natural fiber and its yarn goods.

Importance Of Jute In World Economy

In the world market, the demand for jute goods is huge but in recent times, it is noticed that most of the jute products manufacturing countries face difficulties to sell their jute products in the world market. For this reason, the manufacturers are discouraged to continue to manufacture jute goods. Most of the specialists said that this situation is created for the unrest of the world situation.

What will happen if this type of situation continues? The simple answer is that it will affect the whole system of the jute market.

Firstly, the cultivator (farmer) will not get the desired rate of the jute. As a result, the cultivation of jute will be reduced.

Secondly, if the farmers deduced the jute cultivation, the manufacturers will close their jute product manufacturing mills for the blackness of raw jute. If manufacturers cannot get enough raw jute they will not be able to run their mill.

Thirdly, if the manufacturers close their factories, lots of people will be jobless which will create an unstable situation in society.

Fourthly, different types of businessmen will be hopeless.

Fifthly, the world will befall in a crisis of natural jute goods product. It will be harmful to the environment.

So, the world leader should make meaningful full policy to protect the natural jute fiber. If the farmer is happy, we will be happy.

Related Articles

Leave the first comment


error: Content is protected !!