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MSP for Raw Jute (2025-26 Marketing Season) UPSC NOTE

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  Why in news New MSP for Raw jute: ₹5,650 per quintal for the 2025-26 season, a ₹315 increase from the previous season. The new MSP ensure...

 Why in news

  • New MSP for Raw jute: ₹5,650 per quintal for the 2025-26 season, a ₹315 increase from the previous season.

  • The new MSP ensures a 66.8% return over the average cost of production for jute farmers.

  • The MSP is set at 1.5 times the all-India weighted average cost of production, in line with the 2018-19 Budget announcement.

  • From ₹2,400 per quintal in 2014-15 to ₹5,650 in 2025-26, an increase of ₹3,250 (2.35 times).

  • Government Support: ₹1,300 crore paid to jute growers for MSP from 2014-15 to 2024-25, compared to ₹441 crore from 2004-14.

  • Affects 40 lakh farm families and 4 lakh workers in jute mills and trade.

  • The Jute Corporation of India (JCI) will continue managing price support operations.

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: MSP for Raw Jute (2025-26 Marketing Season) UPSC NOTE
MSP for Raw Jute (2025-26 Marketing Season) UPSC NOTE
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Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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