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Cabinet Clears MSP for Raw Jute at Rs 5,925/quintal for 2026-27, up Rs 275 From Last Season
The new MSP offers jute farmers a 61.8% return over production costs, aiming to prevent distress sales and boost income in key growing states, government said.
- At its February 24, 2026 meeting, the CCEA approved a Rs 275 MSP increase for raw jute, setting it at Rs 5,925 per quintal for 2026-27.
- Following the government's MSP principle of at least 1.5 times cost, the increase aims to secure stronger farmer returns and counter distress sales, the government and Jute Corporation of India said.
- Historical figures show MSP for raw jute rose from Rs 2,400 in 2014-15 to Rs 5,925 in 2026-27, with payments totaling Rs 1,342 crore versus Rs 441 crore earlier.
- Information and Broadcasting Minister Ashwini Vaishnaw told reporters that the increase will help jute growers in West Bengal and Assam, while the Jute Corporation of India said the revised MSP would stop distress sales and ensure a 61.8% return over production costs.
- Prime Minister Narendra Modi framed the decision as part of broader support for farmers, saying the Union Government is leaving no stone unturned to make jute farmers' lives easier and boost production, quality and farmer incomes across the country.
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Latestly
LatestlyMSP on raw jute approved by Cabinet to enhance quality, farmers' incomes: PM Modi
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the 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.
·India
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Times of IndiaReposted by 
The Economic Times
The Economic TimesCentre hikes raw jute MSP to Rs 5,925 for 2026-27 season
The Union Cabinet has approved an increase in the Minimum Support Price for raw jute. For the 2026-27 marketing season, the MSP will be Rs 5,925 per quintal. This represents a hike of Rs 275 from the previous season. The decision ensures farmers receive at least 1.5 times their production cost.
·India
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Coverage Details
Total News Sources15
Leaning Left1Leaning Right5Center1Last UpdatedBias Distribution72% Right
Bias Distribution
- 72% of the sources lean Right
72% Right
14%
14%
R 72%
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