Jute Corporation of India (JCI):
The Jute Corporation of India (JCI) raised the Minimum Support Price (MSP) for raw jute from ₹5,335 to ₹5,650 per quintal for the 2025–26 crop year to curb distress selling by farmers.JCI is a government-owned price support agency tasked with procuring raw jute at MSP from farmers to ensure fair prices and prevent exploitation. Headquarters: Kolkata, West Bengal. Established in: 1971 under Companies Act, 1956. Parent Ministry: Ministry of Textiles, Government of India. Organisational Structure: Operates through Departmental Purchase Centres (DPCs) and cooperatives.
