India, Feb. 24 -- The Government of India has issued a release:

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today has approved Minimum Support Prices (MSP) of Raw Jute for Marketing season 2026-27.

The MSP of Raw Jute (TD-3 grade) has been fixed at Rs. 5,925/- per quintal for 2026-27 season. This would ensure a returnof 61.8 percentover the all India weighted average cost of production. The announced MSP of raw jute for Marketing season 2026-27 is in line with the principle of fixing MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.

The MSP of Raw Jute for Marketing season 2026-27 is an increase of Rs.27...