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…
Latest Raw Jute News & Updates
New Delhi, Feb 24 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved an increase of Rs 275 per quintal in Minimum Support Prices (MSP) of raw jute for marketing season 2026-27 compared to the price of the previous year.The MSP of raw jute (TD-3 grade) has been fixed at Rs. 5,925 per quintal for the 2026-27 season. This would ensure a return of 61.8 per cent over the all-India weighted average cost of production.The MSP of raw jute annou…