Press Information Bureau
Government of India
Ministry of Agriculture & Farmers Welfare
24-February-2026 15:40 IST
Cabinet approves Minimum Support Prices for Raw Jute for 2026-27 Season
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today has approved Minimum Support Prices (MSP) of Raw Jute for Marketing season 2026-27.
The MSP of Raw Jute (TD-3 grade) has been fixed at Rs. 5,925/- per quintal for 2026-27 season.
The announced MSP of raw jute for Marketing season 2026-27 is in line with the principle of fixing MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.
The MSP of Raw Jute for Marketing season 2026-27 is an increase of Rs.275/- per quintal over the previous Marketing season 2025-26.
Government has increased MSP of Raw jute from Rs.2400/-per quintal in 2014-15 to Rs.5,925/- per quintal in 2026-27, registering an increase of Rs.3,525/- per quintal (2.5 times).
The MSP amount paid to Jute growing farmers during the period 2014-15 to 2025-26 was Rs. 1342 Crore while during the period 2004-05 to 2013-14, amount paid was Rs. 441 Crore.
The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency to undertake Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government.
Here are the key financial figures summarized from the announcement:
MSP for 2026-27 Season: The Minimum Support Price (MSP) for Raw Jute (TD-3 grade) is set at Rs. 5,925 per quintal
. Return on Production: This MSP ensures a return of 61.8 percent over the all-India weighted average cost of production
. Year-on-Year Increase: The new MSP represents an increase of Rs. 275 per quintal over the previous 2025-26 season
. Long-term Growth (2014-15 to 2026-27):
The MSP has risen from Rs. 2,400 per quintal in 2014-15 to Rs. 5,925 per quintal in 2026-27
. This registers a total increase of Rs. 3,525 per quintal, which is 2.5 times the 2014-15 value
.
Total MSP Paid to Farmers:
2014-15 to 2025-26: A total of Rs. 1,342 Crore was paid to jute-growing farmers
. 2004-05 to 2013-14: By comparison, the amount paid during this earlier period was Rs. 441 Crore
.
Here is the comparison table based on the historical MSP data provided in the announcement:
Historical MSP and Payment Comparison
| Metric | Period / Year | Amount / Value | Notes |
| MSP Rate (2014-15) | 2014-15 | Rs. 2,400 per quintal | Base year for comparison |
| MSP Rate (2026-27) | 2026-27 | Rs. 5,925 per quintal | Current approved rate |
| Long-term Increase | 2014-15 to 2026-27 | Rs. 3,525 increase | An increase of 2.5 times over the period |
| Annual Increase | 2025-26 to 2026-27 | Rs. 275 increase | Increase over the previous season |
| Total Paid to Farmers | 2004-05 to 2013-14 | Rs. 441 Crore | Total amount paid in the earlier decade |
| Total Paid to Farmers | 2014-15 to 2025-26 | Rs. 1,342 Crore | Significant increase in total support paid |
