Cabinet approves Minimum Support Price of Raw Jute for 2022 -23 season
X X X X Extracts X X X X
X X X X Extracts X X X X
....abinet approves Minimum Support Price of Raw Jute for 2022 -23 season <br>News and Press Release<br>Dated:- 22-3-2022<br><BR>The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, S....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hri Narendra Modi, today approved the Minimum Support Price (MSP) for Raw Jute for 2022-23 season. The approval is based on recommendations of the Commission for Agricultural Costs and Prices. The MS....
X X X X Extracts X X X X
X X X X Extracts X X X X
....P of Raw Jute (TDN3 equivalent to TD5 grade) has been fixed at ₹ 4750/- per quintal for 2022-23 season with an increase of ₹ 250/- over the previous year. This would ensure a return of 60.....
X X X X Extracts X X X X
X X X X Extracts X X X X
....53 percent over all India weighted average cost of production. The announced MSP of raw jute for 2022-23 season is in line with the principle of fixing the MSP at a level of at least 1.5 times all Ind....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ia weighted average cost of production as announced by the Government in the Budget 2018-19. It assures a minimum of 50 percent as margin of profit. It is one of the important and progressive steps t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....owards ensuring better remunerative returns to the jute growers and to incentivize quality jute fibre. The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertak....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government.<BR> News - Press release - PIB....
TaxTMI