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India's jute industry manufactures a wide range of products, including hessian or burlap (plain-woven fabric), sacking (loosely woven cloth), food-grade jute cloth, yarn, carpet backing cloth, ...

The Union Cabinet on Wednesday (January 22, 2025) approved a minimum support price of ₹5,650 per quintal for raw jute for marketing season 2025-26, an increase of 6% or ₹315 over the pervious MSP.

In the latest development, the Centre has increased the Minimum Support Price (MSP) for Jute by Rs 315 per quintal or 6 per cent year-on-year for 2025-26. The new MSP of Rs 5,650 per quintal ...

"Jute production is based on a variety of conditions and it is finding acceptance as a sustainable product. We have continuously encouraged farmers in jute production and we assure to buy at MSP.

The Indian government has approved an increase in the Minimum Support Price (MSP) for raw jute, setting the price for the 2025-26 marketing season at Rs 5,650 per quintal, marking a hike of Rs 315.