Cabinet fixes MSP of raw jute at ₹5,650 per quintal for 2025-26
The Cabinet Committee on Economic Affairs on 22 January 2025 fixed the MSP of raw jute (TD-3 grade) for the 2025-26 season at ₹5,650 per quintal, ₹315 more than last season.
Summary
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved on 22 January 2025 a Minimum Support Price of ₹5,650 per quintal for raw jute (TD-3 grade) for the 2025-26 marketing season. The MSP is ₹315 higher than in 2024-25 and gives a 66.8% return over the all-India weighted average cost of production. Raw jute MSP has risen from ₹2,400 in 2014-15, or 2.35 times. About 40 lakh farm families depend on the jute industry; West Bengal accounts for 82% of jute farmers, while Assam and Bihar have 9% each of production. The Jute Corporation of India remains the nodal agency for price support operations.
Key facts
- Approved
- 22 January 2025, CCEA
- MSP 2025-26
- ₹5,650 per quintal (TD-3 grade)
- Increase
- ₹315 over 2024-25
- Return over cost
- 66.8%
- Since 2014-15
- From ₹2,400 – 2.35 times
- Share
- West Bengal 82% of jute farmers; Assam and Bihar 9% each of production
- Nodal agency
- Jute Corporation of India
Practice MCQs 3 questions
What MSP was fixed for raw jute (TD-3 grade) for the 2025-26 season?
Show answer
Correct answer: B — ₹5,650 per quintal
PIB 2095068: the MSP of raw jute (TD-3 grade) was fixed at ₹5,650 per quintal, ₹315 above 2024-25.
What return over the all-India weighted average cost of production does the 2025-26 raw jute MSP ensure?
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Correct answer: D — 66.8%
PIB 2095068: the MSP ensures a return of 66.8% over the all-India weighted average cost of production.
Which state accounts for 82% of India's jute farmers, according to the Cabinet's January 2025 MSP decision?
Show answer
Correct answer: A — West Bengal
PIB 2095068: 82% of jute farmers belong to West Bengal; Assam and Bihar have 9% each of jute production.