Centre Hikes MSP on Jute:
The Centre has made a significant decision to increase the Minimum Support Price (MSP) for raw jute by Rs 315, setting it at Rs 5,650 per quintal for the 2025-26 marketing season. This move, approved by the Union Cabinet, aims to provide farmers with a return of 66.8 per cent over the all-India weighted average cost of production, thus encouraging farmers to invest in jute cultivation.
