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
Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya

Popular Speeches

Today, the entire country and entire world is filled with the spirit of Bhagwan Shri Ram: PM Modi at Dhwajarohan Utsav in Ayodhya
India's clean industry pipeline a $433 bn investment opportunity: Report

Media Coverage

India's clean industry pipeline a $433 bn investment opportunity: Report
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
Prime Minister pays tributes to Dharti Aaba Bhagwan Birsa Munda Ji on his martyrdom day
June 09, 2026

Prime Minister Shri Narendra Modi today paid tributes to Dharti Aaba Bhagwan Birsa Munda Ji on his martyrdom day. The Prime Minister noted that he fought with indomitable courage against foreign rule for the protection of water, forest, and land.

Shri Modi stated that his entire life was dedicated to protecting the self-respect, culture, and rights of the tribal community. The Prime Minister affirmed that his saga of sacrificing everything for the motherland will continue to infuse patriotism in every generation of the country.

The Prime Minister posted on X:
"धरती आबा भगवान बिरसा मुंडा जी के बलिदान दिवस पर उन्हें कोटि-कोटि नमन। उन्होंने जल, जंगल और जमीन की रक्षा के लिए विदेशी हुकूमत के विरुद्ध अदम्य साहस के साथ संघर्ष किया। उनका पूरा जीवन जनजातीय समाज के स्वाभिमान, संस्कृति और अधिकारों की रक्षा को समर्पित रहा। मातृभूमि के लिए सर्वस्व त्याग करने की उनकी गाथा देश की हर पीढ़ी में राष्ट्रभक्ति का संचार करती रहेगी।"