Govt raises MSP for raw jute by Rs 285 to Rs 5,335 per quintal for FY25
In the current season 2023-24, the government has procured a record amount of more than 6.24 lakh bales of raw jute at the cost of Rs 524.32 crore, benefitting around 1.65 lakh farmers.
The MSP for 2024-25 will ensure a return of 64.8 per cent over the all-India weighted average cost of production, an official release said. (PTI/File mage)