Indian jute mills will earn an 8.19-per cent return on capital for supplying jute bags used in foodgrain packaging under a newly approved pricing framework by the Ministry of Textiles, a senior official confirmed. This means mills will secure a fixed percentage of profit on their investments, regardless of fluctuations in input costs, reported PTI. … Continue reading Government fixes 8.19% ‘return on capital’ for jute bag supplies for foodgrain packaging