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Government Hikes Raw Jute MSP by ₹275/Quintal, Farmers Get Relief
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Big Boost for Jute Farmers: MSP Hiked by Rs 275 to Rs 5,925 per Quintal
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News18
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24-02-2026, 23:25
Big Boost for Jute Farmers: MSP Hiked by Rs 275 to Rs 5,925 per Quintal
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Central government increases Minimum Support Price (MSP) for raw jute (TD-3 grade) by Rs 275 per quintal.
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New MSP set at Rs 5,925 per quintal for marketing season 2026-27, approved by Cabinet Committee on Economic Affairs.
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The new MSP is 61.8% higher than the average cost of production, ensuring significant profit for farmers.
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MSP for raw jute has increased by Rs 3,525 per quintal since 2014-15, reflecting government's focus on farmer income.
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Jute Corporation of India (JCI) will handle price support operations; West Bengal is the largest producer.
Read Full Article on News18 in Hindi
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