New Delhi, April 20 (IANS) The Jute Commissioner has revised raw jute stock limits to zero for traders and balers and directed them to sell their entire holdings to jute mills by May 5, 2026, the government said on Monday.The move was prompted by a sharp rise in raw jute prices that have remained well above the Minimum Support Price for 2025‑26, an official statement said.It aims to improve availability of raw jute for manufacturers and protect workers’ interests. The government revised earl…
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New Delhi, Jan 20 (IANS) The Centre has reduced the stock limits for jute traders and balers due to the sharp increase in jute prices in recent months, which are prevailing well above the minimum support price (MSP) for 2025-26, according to an official statement issued on Tuesday. The reduction in the stock limits has been announced to prevent hoarding and speculative practices in the trade of raw jute. The measure is aimed at increasing the availability of jute in the market to cool down the p…