Big step for jute-producing farmers: PM Modi on MSP hike of raw jute [Video]

Prime Minister Narendra Modi on Thursday said that the Centre has taken a significant step to benefit farmers in the jute-producing sector, including in West Bengal, by approving a hike in the Minimum Support Price (MSP) of raw jute for the 2025-26 marketing season.

Taking to X, PM Modi said, “Our government has taken a big step in the interest of jute-producing farmer brothers and sisters across the country. An increase in the MSP of raw jute has been approved for the year 2025-26. This will benefit lakhs of farmers associated with this sector in many states of the country, including West Bengal.”

The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Modi, has fixed the MSP of raw jute (TD-3 grade) at Rs 5,650 per quintal for the 2025-26 season, ensuring a 66.8 per cent return over the all-India weighted average cost of production.

This represents an increase …