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flag Indian government raises jute's Minimum Support Price by 6%, benefiting 1.7 lakh farmers.

flag The Indian government has increased the Minimum Support Price (MSP) for raw jute to Rs 5,650 per quintal for the 2025-26 season, a 6% hike from the previous year. flag This move aims to provide a 66.8% return over the all-India weighted average cost of production and benefits about 1.7 lakh jute farmers and 40 lakh families linked to the jute industry. flag The Jute Corporation of India will handle price support operations, with the government covering any losses.

3 months ago
30 Articles