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.

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Prime Minister pays tribute to Lokmata Ahilyabai Holkar on her birth anniversary
May 31, 2026

The Prime Minister, Shri Narendra Modi has paid tributes to Lokmata Ahilyabai Holkar on her birth anniversary.

Shri Modi said that the entire nation remembers Lokmata Ahilyabai Holkar with deep respect and reverence for her wisdom, compassion and unwavering commitment to public welfare.

The Prime Minister noted that her life remains an exemplary model of good governance, patriotism and cultural pride. He said that she always led with courage and a strong sense of duty.

The Prime Minister highlighted her unparalleled contribution to ensuring justice and welfare for all, as well as her efforts towards the reconstruction of sacred temples and pilgrimage sites across the country. He remarked that her work further strengthened India’s cultural consciousness.

The Prime Minister stated that Lokmata Ahilyabai Holkar’s dedication to society, culture and nation-building will continue to inspire every generation of the country.

The Prime Minister wrote on X;

“लोकमाता अहिल्याबाई होल्कर जी को उनकी जयंती पर कोटि-कोटि नमन! बुद्धिमत्ता, करुणा और जनकल्याण के प्रति अटूट निष्ठा को लेकर पूरा देश उन्हें आदर और सम्मान के साथ स्मरण करता है। उनका जीवन सुशासन, राष्ट्रभक्ति और सांस्कृतिक गौरव का एक उत्कृष्ट उदाहरण है। उन्होंने सदैव साहस और कर्तव्यनिष्ठा के साथ नेतृत्व किया। देशभर में पावन मंदिरों और तीर्थस्थलों के पुनर्निर्माण से लेकर सभी के लिए न्याय और कल्याण सुनिश्चित करने में उन्होंने अतुलनीय योगदान दिया। उन्होंने भारत की सांस्कृतिक चेतना को और सशक्त बनाया। समाज, संस्कृति और राष्ट्र निर्माण के प्रति उनका समर्पण भाव देश की हर पीढ़ी को प्रेरित करता रहेगा।”