Cabinet approves Minimum Support Prices for Raw Jute for 2026-27 Season
February 24th, 04:10 pm
The Cabinet Committee on Economic Affairs, chaired by PM Modi, has approved the Minimum Support Price (MSP) for Raw Jute for the 2026-27 marketing season. In line with the Budget 2018-19 announcement, the MSP of Raw Jute (TD-3 grade) has been fixed at Rs. 5,925 per quintal for the 2026-27 season, an increase of Rs. 275 per quintal over the previous marketing season 2025-26.Minimum Support Prices (MSP) for Raw Jute for 2025-26 Season
January 22nd, 03:09 pm
The Cabinet Committee on Economic Affairs (CCEA), chaired by the PM Modi, has approved the 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.