https://www.taxtmi.com/news?id=3297 The Government's support for jute combines the Minimum Support Price mechanism with the Jute Technology Mission's four Mini Missions and complementary measures (seed distribution, technology transfer, market linkage, industrial modernization, training, export promotion, and compulsory jute packaging). Jute Corporation of India acts as the nodal procurement agency, buying raw jute at MSP without quantity ceiling when prices fall to MSP and making commercial purchases at market rates for indented supplies. MSP is fixed annually on CACP recommendations considering production costs and demand-supply factors. en-us Mon, 14 May 2012 15:52:50 +0530 Mon, 14 May 2012 15:52:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3297 The Government's support for jute combines the Minimum Support Price mechanism with the Jute Technology Mission's four Mini Missions and complementary measures (seed distribution, technology transfer, market linkage, industrial modernization, training, export promotion, and compulsory jute packaging). Jute Corporation of India acts as the nodal procurement agency, buying raw jute at MSP without quantity ceiling when prices fall to MSP and making commercial purchases at market rates for indented supplies. MSP is fixed annually on CACP recommendations considering production costs and demand-supply factors. News - Mon, 14 May 2012 15:52:50 +0530 https://www.taxtmi.com/news?id=3297