The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (MSP) of Raw Jute for the 2026-27 marketing season. The MSP for Raw Jute (TD-3 grade) has been fixed at Rs. 5,925 per quintal for the 2026-27 season, ensuring a return of 61.8 percent over the all-India weighted average cost of production. This MSP aligns with the principle of fixing MSP at a level of at least 1.5 times the all-India weighted average cost of production, as announced in the Budget 2018-19. The MSP represents an increase of Rs. 275 per quintal over the previous marketing season 2025-26 and an increase of Rs. 3,525 per quintal compared to 2014-15. The MSP amount paid to Jute growing farmers from 2014-15 to 2025-26 was Rs. 1342 Crore, compared to Rs. 441 Crore from 2004-05 to 2013-14. The Jute Corporation of India (JCI) will continue as the Central Government Nodal Agency for Price Support Operations, and any incurred losses will be fully reimbursed by the Central Government. This information was released on February 24, 2026, at 3:37 PM by PIB Delhi. Release ID: 2232106. Visitor Counter: 847.
Key Entities Referenced
Minimum Support Prices (MSP): Policy instrument setting a minimum price for agricultural products to protect farmers.
Raw Jute: Agricultural commodity subject to the approved Minimum Support Prices.
Cabinet Committee on Economic Affairs (CCEA): Committee that approved the Minimum Support Prices for Raw Jute.
Jute Corporation of India (JCI): Central Government Nodal Agency to undertake Price Support Operations.
Cabinet Committee on Economic Affairs (CCEA)
Cabinet approves Minimum Support Prices for
Raw Jute for 2026-27 Season
Posted On: 24 FEB 2026 3:37PM by PIB Delhi
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 return of 61.8 percent over 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.275/- per quintal over the
previous Marketing season 2025-26. Government has increased MSP of Raw jute from Rs.2400/-per
quintal in 2014-15 to Rs.5,925/- per quintal in 2026-27, registering an increase of Rs.3,525/- per quintal
(2.5 times).
The MSP amount paid to Jute growing farmers during the period 2014-15 to 2025-26 was Rs. 1342 Crore
while during the period 2004-05 to 2013-14, amount paid was Rs. 441 Crore.
The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertake Price
Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the
Central Government.
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(Release ID: 2232106) Visitor Counter : 847
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