Thursday, October 8, 2009

Maran advocates West Bengal to set up Jute parks



Union Textiles Minister Dayanidhi Maran urged the West Bengal government to hasten the process of setting up jute parks in the state. I am told that the said jute parks have not taken off because of problem in transfer of land from promoters to SPVs (special purpose vehicles). I would like to take this opportunity to urge the state government to expedite the process so that the said jute parks can be developed fast, the minister said at a seminar with the industry players here. Maran said the market yards developed under Mini-Mission-III would help reduce the transaction cost in marketing of raw jute by the farmers to the mills. 'Two such market yards at Chapadanga in West Bengal and Kharupetia in Assam have already been commissioned under United Progressive Alliance's 100 days' programme. We propose to set up two more market yards at Bethua-Dohri and Karimpur in Nadia district of the state in the current financial year. Maran said the government is actively contemplating the revival of National Jute Manufacturers' Corporation Ltd through public-private partnership mode at an estimated cost of Rs.1,202 crore.