Dynamics of Jute Export in India

Abstract

The dynamics of export of Jute quantity in India was studied taking into account time series data from 1990-91 to 2015-16 with an aim to assess production factor variability and constraints faced by Jute farmers so as to suggest a plausible solution to turn Jute farming into a more profitable venture. The Jute export registered a significant positive growth trend of 6.90% annum-1 . The entire period for which the study was conducted was divided in to three sub-periods of 10 years (1990-1991 to 1999-2000), 10 years (2000-2001to 2009-2010) and 06 years (2010-2011 to 2015-2016). During these sub-periods the trend in export of Jute found to be fluctuating. The negative growth rate (-22.50%) was observed for Jute export during the entire period of study. The overall instability in export during the entire period is reflected by coefficient of variation that was 76.57%.Rank Based Quotient (RBQ) for constraints faced by Jute growers of West Bengal, a major Jute producing state, revealed lack of organised market as major constraint (RBQ 92.15) followed by high labour cost (RBQ 90.76) that thwart farmers from taking up Jute farming. Thus, based on the present study it can be concluded that the export over the years are dwindling that could probably be ameliorated by addressing the above cited two major constraints that Jute growing farmers of West Bengal face.