The Cabinet Committee on Economic Affairs has given its approval for mandatory packaging of foodgrains and sugar in the jute material for the Jute Year 2017-18.
The decision would sustain the core demand for the jute sector and support the livelihood of the workers and farmers dependent on the sector.
The Jute Year 2017-18 period is from 1st July 2017 to 30th June, 2018. The approval mandates that 90 per cent of the food grains and 20 per cent of the sugar products will be mandatorily packed in jute bags.
The decision will benefit farmers and workers located in the Eastern and North Eastern regions of the country particularly in West Bengal, Bihar, Orissa, Assam, Andhra Pradesh, Meghalaya and Tripura.
CCEA has given its nod for implementation of the Jal Marg Vikas Project, JMVP for capacity augmentation of navigation on National Waterway-1 with the technical assistance and investment support of the World Bank.
Talking to reporters, road transport and highways minister Nitin Gadkari said, the alternative mode of transport will contribute in bringing down the logistics cost in the country.