Today news
About the same in other media
Cabinet raises jute MSP to Rs 5,335 per quintal
Reading now: 221
Union cabinet has approved a hike in the Minimum Support Price (MSP) of raw jute for the 2024-25 season to Rs 5,335 per quintal, according to Union Minister Piyush Goyal on Thursday.
This is up from the current MSP of Rs 5,050 per quintal, a hike of 5.6%.
This would ensure a return of 64.8% over the all India weighted average cost of production, the government said in a statement.
In the current season 2023-24, the government has procured a record amount of more than 6.24 lakh bales of raw jute through the Jute Corporation of India, at the cost of Rs 524.32 crore, benefitting around 1.65 lakh farmers.
(You can now subscribe to our Economic Times WhatsApp channel)
Read more on economictimes.indiatimes.com
About this in other media
Contrarian view: 4 reasons why Anand Rathi expects mid and smallcaps to outperform in the upcoming year livemint.com /8 months ago
Anand Rathi lists 4 reasons why small, midcap stocks will outperform in next 12 months economictimes.indiatimes.com /8 months ago
40 per cent of campus hires last year were women economictimes.indiatimes.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
