https://www.taxtmi.com/news?id=65996 A severe raw jute shortage in 2025 drove unprecedented price spikes and disrupted the statutory jute packaging regime. Despite a government-fixed Minimum Support Price, acreage fell as farmers shifted to maize and procurement failures reduced incentives, producing a genuine supply deficit. Under the JPM Act the Office of the Jute Commissioner fixes prices, but constrained arrivals forced the government to cut jute allocations and allow HDPE and PP plastic bags for large parts of Kharif and Rabi marketing seasons to ensure foodgrain procurement. en-us Mon, 29 Dec 2025 13:01:03 +0530 Mon, 29 Dec 2025 13:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65996 A severe raw jute shortage in 2025 drove unprecedented price spikes and disrupted the statutory jute packaging regime. Despite a government-fixed Minimum Support Price, acreage fell as farmers shifted to maize and procurement failures reduced incentives, producing a genuine supply deficit. Under the JPM Act the Office of the Jute Commissioner fixes prices, but constrained arrivals forced the government to cut jute allocations and allow HDPE and PP plastic bags for large parts of Kharif and Rabi marketing seasons to ensure foodgrain procurement. News - Mon, 29 Dec 2025 13:01:03 +0530 https://www.taxtmi.com/news?id=65996