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Legal Central Ministry of Textiles Jute Packaging Materials (Compulsory Use of Packing Commodities) Act, 1987

The Economics & Statistics Division has Fixed the Minimum Support Price (MSP) for Raw Jute for 2023-24 season

13-Apr-2023 | F.No.2-1/2022-CC-ES

The Economics & Statistics Division has Fixed the Minimum Support Price (MSP) for Raw Jute for 2023-24 season. By virtue of the Notification, It is notified that the MSP of Raw Jute (TD-3 equivalent to earlier TD-5 grade) has been fixed at Rs.5050/- per quintal for 2023-24 season based on MSP of raw jute (TD-3) MSP for other varieties and grades of raw jute be fixed while taking into account the aggregate scores assigned to different grades of raw jute, apart from normal market price differentials along with Jute Corporation of India (JCI) continue to undertake Price Support Operations as Central Government Nodal Agency .

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