Unsold jute bags stack up, but govt OKs import

Even as the government races against time to procure enough jute bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of jute bags in the country. While the central government has placed an order for four lakh jute bags to be imported from Bangladesh and asked jute mills in West Bengal to increase production, traders in Delhi are staring at losses with stocks running into 20 lakh bags lying unsold.

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