Cabinet okays jute MSP hike for 2026-27 by nearly 5% to INR 5,925/100 kg
This story was originally published at 16:02 IST on 24 February 2026
Register to read our real-time news.Informist, Tuesday, Feb. 24, 2026
--Cabinet OKs INR 4.3 bln for MSP for raw jute
--Cabinet OKs hike in jute MSP to INR 5,925/100 kg
--Cabinet OKs hike in jute MSP by INR 275/100kg
NEW DELHI – The Union Cabinet Tuesday approved a nearly 5% hike in the minimum support price of raw jute for the 2026-27 (Jul-Jun) season. The minimum support price of raw jute has been hiked by INR 275 per 100 kg to INR 5,925 per 100 kg, Union Minister of Railways, Ashwini Vaishnaw said briefing the media after the Cabinet meeting.
The increase in the MSP would ensure a return of 61.8% over the all-India weighted average cost of production, according to an official release. The government has increased jute MSP by 2.5 times from INR 2,400 per 100 kg in 2014-15 to INR 5,925 per 100 kg in 2026-27, it added. The hike will cost the government INR 4.3 billion, the minister said during the briefing. End
Reported by Pallavi Singhal
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
