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The Union Cabinet on Wednesday (January 22, 2025) approved a minimum support price of ₹5,650 per quintal for raw jute for marketing season 2025-26, an increase of 6% or ₹315 over the pervious MSP.

The Indian government has approved an increase in the Minimum Support Price (MSP) for raw jute, setting the price for the 2025-26 marketing season at Rs 5,650 per quintal, marking a hike of Rs 315.