Raw jute MSP raised to ₹5,925 per quintal for 2026-27
The Cabinet Committee on Economic Affairs fixed the Minimum Support Price of raw jute (TD-3 grade) at ₹5,925 per quintal for the 2026-27 season on 24 February 2026.
Summary
The Cabinet Committee on Economic Affairs fixed the Minimum Support Price of raw jute (TD-3 grade) at ₹5,925 per quintal for the 2026-27 season on 24 February 2026, an increase of ₹275 over 2025-26. It assures a return of 61.8% over the all-India weighted average cost of production, in line with the principle announced in Budget 2018-19 of fixing MSP at least 1.5 times that cost. Jute MSP has risen from ₹2,400 per quintal in 2014-15, about 2.5 times. The Jute Corporation of India will remain the central nodal agency for price support operations, with any losses fully reimbursed by the Centre.
Key facts
- Date
- 24 February 2026
- MSP 2026-27
- ₹5,925/quintal (TD-3)
- Increase
- ₹275 over 2025-26
- Return over cost
- 61.8%
- Principle
- At least 1.5× cost — Budget 2018-19
- Nodal agency
- Jute Corporation of India
Practice MCQs 3 questions
What MSP was fixed for raw jute (TD-3 grade) for the 2026-27 season?
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Correct answer: A — ₹5,925 per quintal
The CCEA fixed the MSP of raw jute (TD-3) at ₹5,925 per quintal, ₹275 more than in 2025-26.
Which agency acts as the Central Government's nodal agency for price support operations for raw jute?
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Correct answer: B — Jute Corporation of India
The Jute Corporation of India continues as the nodal agency, with losses fully reimbursed by the Centre.
Consider the following statements about the raw jute MSP for 2026-27: 1. It ensures a return of 61.8% over the all-India weighted average cost of production. 2. The principle of fixing MSP at least 1.5 times the all-India weighted average cost of production was announced in the Union Budget 2018-19. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct as per the CCEA decision of 24 February 2026.