India's Import Values of Raw Cotton and Raw Jute in Post Reform Period: A Study of Stability

Granthana Sen Gupta

Abstract: Over the years in the post reform period Indian foreign trade has been experiencing ups and downs in its import values of raw cotton and raw jute. Raw cotton and jute are vital items of import for India. These two items comprise of a good share of India?s import. Due to the economic importance of cotton in India, it is also termed as "White - Gold". Although India is a leading producer and exporter of cotton, some quantity of the total consumption of cotton in India is imported by the textile industry to meet their specific requirement. The jute industry in India plays an important role in the national economy. Jute, the ?Golden Fibre? meets all standards for safe packaging being natural, renewable, eco - friendly and bio - degradable. The paper will focus on the stability aspect of import values of raw cotton and jute in US $ million during the period 1998 - 99 TO 2021 - 2022.

Keywords: stability, cotton, jute, import, values

How to Cite?: Granthana Sen Gupta, "India's Import Values of Raw Cotton and Raw Jute in Post Reform Period: A Study of Stability", Volume 13 Issue 4, April 2024, International Journal of Science and Research (IJSR), Pages: 737-739, https://www.ijsr.net/getabstract.php?paperid=SR24406120819, DOI: https://dx.doi.org/10.21275/SR24406120819