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February 22, 2024
The ongoing farmers protest underscores the clash between economic and social objectives, particularly regarding the legal guarantee of minimum support prices The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways,
December 31, 2023
The jute sector in India experienced a mixed year in 2023, with a bumper cash crop harvest but a mid-season demand slump. However, government intervention revived hopes, with sustained orders and supportive policies from the Centre. The Indian Jute Mills Association (IJMA) chairman Raghav Gupta said that the outlook remains steady, with a strong initial supply followed by sluggish demand between September and November.
March 24, 2023
The Cabinet Committee on Economic Affairs, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has given its approval for the Minimum Support Price (MSP) for Raw Jute for 2023-24 season. The approval is based on recommendations of the Commissio
March 24, 2023
The release was approved by the Cabinet on Friday for Central Government employees and Dearness Relief to Pensioners, due from January 1, 2023.
March 24, 2023
The announced MSP of raw jute for 2023-24 season is in line with the principle of fixing the 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, an official release said.
February 27, 2023
The government has lifted the condition for raw jute exporters of taking prior approval from the commerce ministry before the shipment, according to a notice issued by Export Promotion Bureau (EPB) today.
May 19, 2022
Jute Commissioner Moloy Chandan Chakrabortty said in a notification that the price cap for raw jute would be lifted with effect from May 20.
May 19, 2022
The price cap was fixed on September 30 last year.
April 29, 2022
BJP MP Arjun Singh wrote to West Bengal Chief Minister Mamata Banerjee, urging her to intervene in the raw jute price cap issue.
October 2, 2021
Centre has fixed the price to prevent hoarding as the commodity is being sold at Rs 7,200 or more in the market, an official said on Saturday