Asian Golden Fiber

Asian Golden Fiber is rated 3 out of 5 in the category arts and crafts. Read and write reviews about Asian Golden Fiber. Bangladesh is an ago-based economy with about 45 percent employment of labor force and accounting for 18 percent of countries GDP. Jute is one of the major cash crops in Bangladesh.Bangladesh used to enjoy a monopoly position in the production and marketing of jute during 1950s and 1960s. It is under challenge from other producers such as India, China, Uzbekistan, and Nepal. Bangladesh is still largest exporter of jute and jute goods with 40 percent global export and second largest producer of jute fiber with around 30 percent of the total world production. Unfortunately Bangladesh is only exporting country of raw jute without any other value addition. People worldwide are avoiding harmful polythene in their daily lives while entrepreneurs in the country are investing on jute and jute goods to regain its lost glory. It was a surprise how the Jute and jute products were not "agricultural products"​ in the documents and policy of the government despite these are branded as 'golden fiber'​. The present government has by this time declared jute and jute products as agricultural products so that the manufacturer could get government subsidy. Bangladesh government has already made jute sacks use mandatory for packing major items like rice, wheat, fertilizer, sugar. Jute has many advantages. The value addition of export is almost 100 percent and the farmers are beneficiary of export. In addition, jute plants improved soil productivity because of its massive leaf fall and root proliferation in the field. Traditionally jute fiber has been used to manufacture the packaging materials like hessian, sacking, ropes, twines and home textiles as carpet, carpet backing cloth etc. These products are under challenge from synthetic substitutes. On the other hand, demand has been increased for natural fiber like jute is due to their low cost, low density, biodegradability, renew abilit and abundance in production over demands. The global awareness of climate change and improvement.