Cabinet approves Minimum Support Prices for Raw Jute for 2026-27 Season

Published By : Admin | February 24, 2026 | 16:10 IST

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today has approved Minimum Support Prices (MSP) of Raw Jute for Marketing season 2026-27.

The MSP of Raw Jute (TD-3 grade) has been fixed at Rs. 5,925/- per quintal for 2026-27 season. This would ensure a return of 61.8 percent over the all India weighted average cost of production. The announced MSP of raw jute for Marketing season 2026-27 is in line with the principle of fixing MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.

The MSP of Raw Jute for Marketing season 2026-27 is an increase of Rs.275/- per quintal over the previous Marketing season 2025-26. Government has increased MSP of Raw jute from Rs.2400/-per quintal in 2014-15 to Rs.5,925/- per quintal in 2026-27, registering an increase of Rs.3,525/- per quintal (2.5 times).

The MSP amount paid to Jute growing farmers during the period 2014-15 to 2025-26 was Rs. 1342 Crore while during the period 2004-05 to 2013-14, amount paid was Rs. 441 Crore.

The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertake Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government.

Explore More
শ্রী রাম জন্মভূমি মন্দিরের ধ্বজারোহণ উৎসবে প্রধানমন্ত্রীর বক্তব্যের বাংলা অনুবাদ

জনপ্রিয় ভাষণ

শ্রী রাম জন্মভূমি মন্দিরের ধ্বজারোহণ উৎসবে প্রধানমন্ত্রীর বক্তব্যের বাংলা অনুবাদ
India records highest-ever startup surge with 55,200 recognised in FY26

Media Coverage

India records highest-ever startup surge with 55,200 recognised in FY26
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
Prime Minister expresses grief over mishap in Coimbatore
April 17, 2026

The Prime Minister, Shri Narendra Modi, has expressed deep anguish over the mishap in Coimbatore, Tamil Nadu.

Shri Modi said that he is distressed to hear about the incident and extended his heartfelt condolences to those who have lost their loved ones. He also prayed for the speedy recovery of those injured in the mishap.

The Prime Minister’s Office posted on X;

“Distressed to hear about the mishap in Coimbatore, Tamil Nadu. I extend my heartfelt condolences to those who have lost their loved ones in the mishap. Prayers for the speedy recovery of those injured: PM @narendramodi”