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      Question

      According to the Minimum Support Price decision for the

      2026–27 marketing season, what MSP has been fixed for Raw Jute (TD-3 Grade)?
      A ₹5,350 per quintal Correct Answer Incorrect Answer
      B ₹5,650 per quintal Correct Answer Incorrect Answer
      C ₹5,925 per quintal Correct Answer Incorrect Answer
      D ₹6,100 per quintal Correct Answer Incorrect Answer
      E ₹6,350 per quintal Correct Answer Incorrect Answer

      Solution

      The Cabinet Committee on Economic Affairs (CCEA) approved the Minimum Support Price (MSP) of Raw Jute (TD-3 Grade) at ₹5,925 per quintal for the Marketing Season 2026–27. The MSP ensures that jute farmers receive a remunerative price for their produce. The price is calculated based on the government’s policy of fixing MSP at at least 1.5 times the All-India weighted average cost of production, a principle adopted in the Union Budget 2018–19.

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