Home India Ministry of Textiles Notiification for Minimum Price for Raw Jute for 2023 2024...
Date: 17-Oct-2023 Category: Extra Ordinary State: Union Government Country: India

Notiification for Minimum Price for Raw Jute for 2023 2024

Issued by Ministry of Textiles · Office of the Jute Commissioner

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Executive Summary & Key Takeaways

What it means

  • The notification issued by the Jute Commissioner fixes the minimum price of raw jute in all forms until October 31, 2023, or until further orders, whichever is earlier. It also specifies that no buyer or seller is allowed to transact at prices other than those specified during this period.

Key Changes

  • Supersedes Notification No. Jute(Mktg)/139/2021 dated 05-10-2023.
  • Fixes minimum raw jute prices for 2023-24 in INR per quintal for Ex-Mokam and Ex-Kolkata locations.
  • The minimum price for TD-3 and W-3 Tossa and White jute is fixed at INR 5050 per quintal for Ex-Mokam and INR 5500 per quintal for Ex-Kolkata.
  • TD-3 and W-3 grades are equivalent to the erstwhile TD-5 and W-5 grades.
  • Raw jute offered in loose form will be priced INR 200 less than baled jute.
  • Grade differentials for other grades will be the same as the Minimum Support Price declared by the Jute Commissioner on June 5, 2023.
  • Price differences for other locations (Northern, Semi-Northern, Bihar & other States) will be based on market differentials as of October 4, 2023.
  • Interest/penalty on delayed payments are matters solely between purchaser and supplier and will be additional to the minimum prices.

Impact Analysis

Jute Farmers

  • Action: Farmers should be aware of the fixed prices and ensure they receive at least the minimum price for their jute.

Jute Traders and Mills

  • Action: Traders and mills need to comply with the fixed prices and adjust their procurement strategies accordingly. They should also note the pricing differences based on location and jute grade.

Consumers

  • Action: Monitor the prices of jute products for any changes.

Government

  • Action: The Jute Commissioner's office needs to monitor compliance and take action against any deviations from the order.

Key Entities Referenced

Jute Commissioner: The authority responsible for regulating the jute industry and fixing the minimum price of jute. Ministry of Textiles: The government ministry overseeing the jute sector. High Court of Calcutta: The court whose judgement necessitated the notification. Jute and Jute Textiles Control Order, 2016: The legal framework under which the Jute Commissioner exercises power to control the jute industry.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डब्लू.बी.-अ.-17102023-249492 CG-WxBx-xEG-I1D7H1x0x2x0 23-249492 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4382] नई दिल्ली, मगं लवार, अक्त बू र 17, 2023/आज‍व न 25, 1945 No. 4382] NEW DELHI, TUESDAY, OCTOBER 17, 2023/ASVINA 25, 1945 वस्ट्र मरं ालय (पटसन आयक्ु त का कायाला य) अजधसचू ना कोलकाता, 5 अक् तूबर, 2023 का.आ. 4553(अ).— दिनांक 11.05.2022 के जनणाय के तहत 2022 के डबल् यपू ीए 1126 म ें पाररत माननीय कलकत् ता उ‍ च ्‍ यायालय के महत् वपूणा जनणाय का स्‍ ती से अनुपालन करत े ए ए एव ं िूट र िूट वस्ट् र जनयंरण आिेि,2016 की उपधारा 3(1) के तहत प्रित् त िजतियय के अनुसार र अजधसचू ना सं्‍ या िूट(माकेटटंग)/ 139/20212021 दिनांक 05.10.2023 का अजधक्रमण करत े ए ए एवं उसका प्रयोग करते ए ए म,ैं मलय चंिन चक्रवती, पटसन आयुक्त , एति द्वारा 31 अक् तूबर, 2023 या अगल ेआििे तक, िो भी पहल े हो, सभी प्रकार के िूट का ्‍ यनू तम मल्ू य तय जनम्न ानुसार जनधााररत करता ँ । म मैं यह भी जनिेि करता हू कं दक 31 अक् तूबर, 2023 तक कोई भी क्रेता या जवक्रेता इन जवजनर्िष्ा ट िर के अलावा क्रय या जवक्रय करने का अजधकारी नह होगा म इससे संबंजधत दकसी भी प्रकार का ्‍ यजतक्रम संबंजधत पक्ष द्वारा उपयुाक् त जनयंरण आिेि के अंतगात कानून के अनुसार कायावाही के जलए पटसन आयुक् त के कायाालय के ध् यान म ेंलाया िाएगाम 6606 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2023 -24 के जलए क‍च े पटसन हते ु ्‍य नू तम कीमत ( ₹ प्रजत क्व ीटंल ) एक्स -मोकाम एक्स - कोलकाता टीडी -3 टीडी -3 डबल् य ू-3 डबल् य ू-3 तोिा 5050 5500 ‍ वते 5050 5500 टीडी-3 र डबल्य -ू 3 पवू वा ती टीडी-5 र डबल्य ू-5 के समतल्ु य ह म खुली मारा में प्रस्ट् तुत दकए िाने वाले क‍ चे पटसन की कीमत गांम में बंधे ए ए पटसन से ₹200/- कम होगी म अ्‍ य ग्रेड का ग्रडे अंतर पटसन आयुक् त के दिनांक 05.06.2023 के आिेि के तहत घोजित ्‍ यनू तम समर्ना मल्ू य के समान होगाम अ्‍ य स्ट्र् ान (उत् तरी, अधा उत् तरी, जबहार र अ्‍ य रा्‍य ) के जलए कीमत म ें अंतर 04.10.2023 के बािार अतं र कीमत के अनुसार होगाम जवलजम् बत भुगतान या दक्‍ ह अ्‍ य कारण से क्रेतां द्वारा िेय ब् याि/िुमााने आदि की रकम पूण ा रूपेण क्रेता र आपूर्ताकताा के बीच का मामला ह र उपयुाक्त ्‍ यनू तम कीमत के अलावा/अजतररक्त रकम होगीम [फा. सं. िूट(माकेटटंग)/148/2023(1)] मलय चंिन चक्रवती, पटसन आयक्ु त MINISTRY OF TEXTILES (Office of the Jute Commissioner) NOTIFICATION Kolkata, the 5th October, 2023 S.O. 4553(E).— In strict compliance with the solemn judgement of Hon’ble High Court of Calcutta passed in WPA 1126 of 2022 vide judgement dated 11-05-2022 and in accordance with the power conferred on me vide Clause 3 (1) of the Jute and Jute Textiles Control Order, 2016 and supersession of the Notification No Jute(Mktg)/139/2021 dated 05-10-2023 and in exercise of the same, I, Moloy Chandan Chakrabortty, Jute Commissioner, hereby fix the minimum price of jute in all forms to be in force until 31st October, 2023 or further orders whichever is earlier as mentioned below. I further direct that no buyer and no seller will be entitled to buy or sell other than these rates specified till 31st October, 2023. Any deviation from this will be brought to the notice of the Office of the Jute Commissioner by the respective parties for action as per statute under the above mentioned Control Order. Minimum Price for Raw Jute for 2023-24 (In : INR per quintal) EX-MOKAM EX-KOLKATA TD-3 TD-3 W-3 W-3 Tossa 5050 5500 White 5050 5500 TD-3 and W-3 is equivalent to erstwhile TD-5 and W-5. Raw jute offered in loose volume will be priced at Rs. 200/- less than baled jute. The grade differentials of other grades will be same as Minimum Support Price declared by the Jute Commissioner vide Order dated 05-06-2023. Differences of Prices for other locations (Northern, Semi-Northern, Bihar & other States) will be same as market differentials price being ruled as on 04-10-2023. The amount of interest/penalty etc payable if any by the purchasers on delayed payments or for any other reasons are matters solely between purchaser & supplier & will be outside /additional to the above minimum prices. [F. No. Jute(Mktg)/148/2023(1)] MOLOY CHANDAN CHAKRABORTTY, Jute Commissioner Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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