Home India Ministry of Textiles Union Minister Giriraj Singh Assesses Raw Jute Prices, Measu...
Date: 2026-01-20 Category: Press Release State: Union Government Country: India

Union Minister Giriraj Singh Assesses Raw Jute Prices, Measures Announced to Boost Availability

Issued by Ministry of Textiles · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Union Minister of Textiles Giriraj Singh reviewed the high prices of raw jute and announced measures to boost its availability. These measures include adjusting stock limits for mills, traders, and balers, increasing B. Twill jute bag prices, and increasing the quantity of subsidized jute seeds under the Jute ICARE Scheme. A notification regarding stock limits will be issued shortly. **Key Points / Main Content** * **Raw Jute Availability and Stock Limits** * Stock limits for raw jute for jute mills will be enhanced. * Permissible stock limits for traders and balers will be lowered. * The government will issue a notification regarding these new limits shortly. * **Dehoarding Drive** * The ongoing dehoarding drive by the Office of the Jute Commissioner will be intensified. * The drive aims to detect and act against hoarding beyond permissible stock limits. * **B. Twill Jute Bag Prices** * Prices have been increased to help the industry manage higher raw jute prices: * From ₹58–60 per bag in September 2024. * To ₹74 per bag in September 2025. * To ₹87.20 per bag in January 2026. * **Jute ICARE Scheme** * The quantity of subsidised certified jute seeds will be increased under the Jute ICARE Scheme. * This is intended to improve productivity and quality of jute and enhance farmers' income. * **Jute Corporation of India (JCI)** * The Government of India continues to support the infrastructure and operations of JCI. * JCI ensures procurement of raw jute from farmers whenever market prices fall below the MSP. * **JCI Performance** * In 2023-24, JCI recorded a PAT of ₹46.12 crore. * In FY 2024–25, the Corporation's PAT rose to ₹56.82 crore. **Impact Analysis** **Jute Mills and MSMEs** * **Impact**: Improved raw jute availability for smooth industry operations. * **Action Required**: Adhere to the new raw jute stock limits upon notification. **Traders and Balers** * **Impact**: Lower permissible stock limits. * **Action Required**: Adhere to the new permissible stock limits upon notification. Avoid hoarding beyond permissible stock limits. **Jute Workers and Farmers (particularly in West Bengal)** * **Impact**: Safeguarding of interests through government commitment, enhanced income through increased productivity and subsidized seeds. * **Action Required**: Utilize the increased quantity of subsidized jute seeds under the Jute ICARE Scheme to enhance productivity. **Government of India** * **Impact**: Increased investment and support for Jute infrastructure. * **Action Required**: Continue supporting the infrastructure and operations of the Jute Corporation of India Limited (JCI) for the effective implementation of Minimum Support Price (MSP) operations.

Key Entities Referenced

Ministry of Textiles: The central government ministry responsible for policies and regulations related to the textile industry, including jute. Jute Corporation of India Limited (JCI): A Central Government agency that ensures the procurement of raw jute from farmers, implementing the Minimum Support Price (MSP) operations. Jute ICARE Scheme: A scheme by the National Jute Board to increase the quantity of subsidised certified jute seeds to improve productivity and quality of jute. B. Twill jute bags: A type of jute bag whose price is being regulated by the government to support the industry and farmers. Jute Commissioner: Office responsible for dehoarding drive to detect and act against hoarding beyond permissible stock limits for raw jute.
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Ministry of Textiles Union Minister Giriraj Singh Assesses Raw Jute Prices, Measures Announced to Boost Availability Govt. Raises Raw Jute Stock Limits for Mills, Increases B. Twill Jute Bag Prices to Support Industry and Farmers प्रव तथ: 20 JAN 2026 7:09PM by PIB Delhi Union Minister of Textiles Giriraj Singh reviewed the issue of high prices of raw jute in a meeting held with the Secretary, Ministry of Textiles, Neelam Shami Rao, senior officials of the Ministry and the Office of the Jute Commissioner. He emphasised the need to ensure adequate availability of raw jute for jute mills and MSMEs to enable smooth industry operations. To this end, it was decided to enhance the stock limits for raw jute for jute mills, while lowering the permissible stock limits for traders and balers. These measures are intended to improve raw jute availability for mills and MSMEs and to safeguard the interests of jute workers and farmers. The Government will issue a notification in this regard shortly. The Union Minister Giriraj Singh also directed that the ongoing dehoarding drive by the Office of the Jute Commissioner will be further intensified to detect and act against hoarding beyond permissible stock limits. The current drive has already identified some traders and balers violating the norms. To help the industry manage higher raw jute prices, the Government of India has increased the purchase prices of B. Twill jute bags from time to time. The prices were raised from ₹58–60 per bag in September 2024 to ₹74 per bag in September 2025, and further to ₹87.20 per bag in January 2026. These measures reflect the Government’s commitment to safeguarding the interests of jute farmers and workers, around 80 per cent of whom are based in West Bengal. He further directed that the quantity of subsidised certified jute seeds will be increased under the Jute ICARE Scheme of the National Jute Board. This will help improve productivity and quality of jute, enhance farmers’ income, and ensure greater availability of raw jute for mills. The Government of India continues to support the infrastructure and operations of the Jute Corporation of India Limited (JCI) for the effective implementation of Minimum Support Price (MSP) operations. As a Central Government agency, JCI ensures procurement of raw jute from farmers whenever market prices fall below the MSP. During 2023–24, JCI recorded a Profit After Tax (PAT) of ₹46.12 crore and paid a dividend of ₹13.83 crore. In FY 2024–25, the Corporation’s PAT rose to ₹56.82 crore, resulting in the payment of an all-time high dividend of ₹17.04 crore to its sole shareholder, the Government of India. ****MAM/VN (रलीज़ आईडी: 2216547) आगंतुक पटल : 243 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , Tamil

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