In view of rising prices of raw jute, the Indian Jute Mills Association has urged the textiles ministry to exempt raw jute from speculative futures trading. In a letter to the rriinistry, Indian Jute Mills Association (IJ-MA) Chairman Sanjay Kajaria said that futures trading in raw jute till 2004-05 had not created any impediment since the volume of trade was negligible.
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Links:
[1] http://admin.indiaenvironmentportal.org.in/news/jute-body-seeks-ban-futures-trade
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jute
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/textile-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/west-bengal
