Diabytes
Jute News
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The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the Minimum Support Prices (MSP) of Raw Jute for Marketing season 2025-26.
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For this reason, the crop's price has increased to expand the area under jute cultivation in the nation and give farmers larger prices.
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Goyal believes the investments could create jobs in sectors like plastics, footwear, textiles, and leather.
He was speaking on the sidelines of Merchants’ Chamber of Commerce & Industry.
The minister also said the government cannot offer support to the jute sector by way of mandatory packaging.
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Prime Minister Narendra Modi had last month inaugurated phase 1 of the Kashi Vishwanath Dham project in Varanasi.
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Decision to give impetus to the diversification of jute industry.
Decision to gradually usher in a regime of price discovery.
Nearly 3.7 lakh workers dependent on jute sectors.
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After using jute for packing coffee and cocoa, the jute packaging needs to be extended to tea too, Jute Commissioner Subrata Gupta said here.
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