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    <title>Cabinet approves Minimum Support Prices for Raw Jute for 2018-19 season</title>
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    <description>Approval of an upward revision in the Minimum Support Price for Fair Average Quality raw jute for the 2018-19 season, raising the guaranteed floor price to provide returns above the weighted A2+FL cost of production. The increase is intended to secure minimum returns to farmers and promote investment, production and productivity in jute cultivation. The revision follows recommendations by the statutory price advisory mechanism which factors cost of production, demand supply, price parity and macro economic impact, and price support operations will be conducted by the central nodal agency in jute growing states.</description>
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    <pubDate>Wed, 25 Apr 2018 15:24:39 +0530</pubDate>
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