Matching Fragments
"> THE MINISTER OF TEXTILES (SHRI KASHIRAM RANA): Mr. Chairman, Sir, while the production of jute this year has been lower compared to last year, because of sufficient carry over stock of last year, there has been no shortage of raw jute in the market. The farmers have been getting prices above the Minimum Support Price for most periods of this year even though the Minimum Support Price for jute was increased this year by Rs. 100 per quintal, as compared to last year and fixed at Rs. 750 per quintal for TD5 for the jute year 1999-2000.
"ऊ सभापति महोदय : यह बहुत महत्वपूर्ण कालिंग अटेंशन है। पहले इसे समाप्त होने दीजिए। "ऊ
"ऊ
... (व्यवधान) "ऊ
">SHRI KASHIRAM RANA: Sir, JCI undertook price support operation in a few pockets for very short periods of time during the current year since raw jute prices were mostly prevailing over the MSP.
"> The Jute Mills in the country have been geared up to meet the packaging requirements of the foodgrains and sugar sectors fully and the fertilizer sector to the required extent.
... (व्यवधान) "ऊ
">SHRI KASHIRAM RANA: Sir, there is adequate installed capacity and production capability to meet these requirements.
"> In the mill sector, out of the 73 jute mills in the country, two jute mills lying closed for over 12 years. Out of the balance, 34 mills are sick and stand referred to BIFR, and four mills are incorporated outside this country. The mills other than the closed ones are operational and have produced jute goods during the current year.
">SHRI KASHIRAM RANA: These mills were mostly sick mills taken over under the Industries (Development and Regulation) Act, 1951 and subsewquently nationalised. NJMC has been declared sick under the Sick Industrial Companies (Special Provisions) Act, 1985 by the BIFR. BIFR has appointed Industrial Investment Bank of India as the Operating Agency to prepare a revised turn around plan.
"> Government have been giving financial support to NJMC to meet the shortfall in salary/wages since take over. In addition, funds for Voluntary Retirement Scheme have also been provided. During the year 1999-2000, a sum of Rs.50 crore have already been released. NJMC produces, on an average, 80,000 tonnes of jute goods every year which is about five per cent to six per cent of the total jute goods produced in the country. It is a fact that NJMC mills had to temporarily stop manufacturing activities due to shortage of working capital and raw jute in their stock. Efforts are being made to restart production in these mills immediately by tying up necessary working capital/buy back arrangements with organizations like the State Trading Corporation.
