TaxTMI 
TaxTMI 
Minimum Support Prices (MSP) for Raw Jute for 2025-26 Season
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....inimum Support Prices (MSP) for Raw Jute for 2025-26 Season <br>News and Press Release<br>Dated:- 22-1-2025<br><BR>The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (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. Th....
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....is 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. The MSP of Raw Jute for Marketing season 2025-26 is an increase of ....
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....Rs.315/- per quintal over the previous Marketing season 2024-25. Government of India has increased MSP of Raw jute from Rs.2400 /-per quintal in 2014-15 to Rs.5,650/- per quintal in 2025-26, registering an increase of Rs. 3250/- per quintal (2.35 times). The MSP amount paid to Jute growing famers during the period 2014-15 to 2024-25 was Rs. 1300 Crore while during the period 2004-05 to 2013-14, a....
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....mount paid was Rs. 441 Crore. Livelihood of 40 Lakh farm families directly or indirectly depends on Jute Industry. About 4 Lakh workers get direct employment in Jute mills and trade in Jute. Last year jute was procured from 1 Lakh 70 thousand farmers. 82% of Jute farmers belong to West Bengal while rest Assam and Bihar have 9% each of jute production share. The Jute Corporation of India (JCI) wi....
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....ll continue as Central Government Nodal Agency to undertake 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....