Cabinet fixes raw jute MSP at ₹5,925 per quintal for 2026-27 season

Direct fact

On 24 February 2026, the Cabinet Committee on Economic Affairs fixed the Minimum Support Price (MSP) for raw jute (TD-3 grade) at ₹5,925 per quintal for the 2026–27 marketing season.

Key specifics

• The MSP gives a 61.8% return over the all-India weighted average cost of production.
• The increase over 2025–26 is ₹275 per quintal.
• Raw jute MSP has risen from ₹2,400 per quintal in 2014–15 to ₹5,925 in 2026–27.
• The Jute Corporation of India is the nodal agency for price support operations.
• Any losses in price support operations will be fully reimbursed by the Central Government.

Exam lens

Agriculture and MSP policy, raw jute TD-3 grade, ₹5,925 per quintal, 61.8% return, JCI nodal role — TNPSC may ask the season, the amount and the agency.