• search

MSP for jute raised by Rs 90 a quintal: Cabinet

Written by: Staff

New Delhi, May 9 (UNI) The government today raised the minimum support price (MSP) for jute by Rs 90 a quintal to Rs 1,000.

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA) on the recommendations of the CACP, Parliamentary Affairs Minister Priya Ranjan Dasmunsi told reporters.

The price is for TD-5 grade. The Jute Corporation of India will continue to be the nodal agency of the Central Government to undertake price support operations and the losses incurred, if any, in the MSP operations will be fully reimbursed by the Centre.


For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more