Question
What is the MSP for Raw Jute (TD-3 grade) for the
2025-26 season as approved by the Cabinet?Solution
The Cabinet has approved an MSP of ₹5,650 per quintal for Raw Jute (TD-3 grade) for the 2025-26 season. This price ensures a 66.8% return over the all India weighted average cost of production, reflecting the government's policy to provide a fair price for jute farmers. The MSP also aligns with the Budget 2018-19 policy that mandates the setting of MSP at 1.5 times the cost of production, which is aimed at enhancing the income of farmers and ensuring the sustainability of their livelihoods.
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