Foreign Minister of France calls on PM Modi

Published By : Admin | November 20, 2015 | 18:47 IST
Foreign Minister of France, Mr Laurent Fabius meets PM Narendra Modi
PM Modi condemns recent terrorist attacks in Paris, condoles loss of innocent lives in attacks
PM Modi hopes for a positive outcome from the forthcoming COP-21 Summit in Paris
PM to launch International Solar Alliance along with French President & other leaders during COP 21 Summit
India would play an important role in the success of the COP 21 Summit: Laurent Fabius

Prime Minister Shri Narendra Modi today received the Foreign Minister of France, Mr Laurent Fabius. Prime Minister strongly condemned the recent terrorist attacks in Paris and conveyed his deepest condolences at the loss of innocent lives in the attacks.

Prime Minister reiterated the importance that India attached to strategic partnership with France. He recalled that his visit to France earlier this year has provided new vigour and momentum to the bilateral relations.

Prime Minister expressed hope for a positive outcome from the forthcoming COP-21 Summit that was equitable, balanced and guided by the principles and provisions of the UNFCC, especially the principle of common but differentiated responsibility and respective capabilities. It should also provide for enhanced technological, financial and capacity building support to the developing and Small Island Developing countries to enable them to take even more ambitious climate action. Prime Minister said that he looked forward to launch the International Solar Alliance along with the French President and other leaders during the COP 21 Summit.

The Foreign Minister of France appreciated the INDCs declared by India and stated that India would play an important role in the success of the COP 21 Summit.

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Minimum Support Prices (MSP) for Raw Jute for 2025-26 Season
January 22, 2025

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (MSP) of Raw Jute for Marketing season 2025-26.

The MSP of Raw Jute (TD-3 grade) has been fixed at Rs.5,650/- per quintal for 2025-26 season. This would ensure a return of 66.8 percent over the all India weighted average cost of production. The approved MSP of raw jute for Marketing season 2025-26 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 2025-26 is an increase of Rs.315/- per quintal over the previous Marketing season 2024-25. Government of India has increased MSP of Raw jute from Rs.2400 /-per quintal in 2014-15 to Rs.5,650/- per quintal in 2025-26, registering an increase of Rs. 3250/- per quintal (2.35 times).

The MSP amount paid to Jute growing famers during the period 2014-15 to 2024-25 was Rs. 1300 Crore while during the period 2004-05 to 2013-14, amount paid was Rs. 441 Crore.

Livelihood of 40 Lakh farm families directly or indirectly depends on Jute Industry. About 4 Lakh workers get direct employment in Jute mills and trade in Jute. Last year jute was procured from 1 Lakh 70 thousand farmers. 82% of Jute farmers belong to West Bengal while rest Assam and Bihar have 9% each of jute production share.

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.