Cabinet approves Minimum Support Price of Raw Jute for 2022 -23 season

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..... Cabinet approves Minimum Support Price of Raw Jute for 2022 -23 season - News and Press Release Dated:- 22-3-2022 - News - The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, S .....

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..... hri Narendra Modi, today approved the Minimum Support Price (MSP) for Raw Jute for 2022-23 season. The approval is based on recommendations of the Commission for Agricultural Costs and Prices. The .....

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..... MSP of Raw Jute (TDN 3 equivalent to TD 5 grade) has been fixed at ₹ 4750/- per quintal for 2022-23 season with an increase of ₹ 250/- over the previous year. This would ensure a return .....

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..... of 60.53 percent over all India weighted average cost of production. The announced MSP of raw jute for 2022-23 season is in line with the principle of fixing the MSP at a level of at least 1.5 times a .....

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..... ll India weighted average cost of production as announced by the Government in the Budget 2018-19. It assures a minimum of 50 percent as margin of profit. It is one of the important and progressive .....

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..... steps towards ensuring better remunerative returns to the jute growers and to incentivize quality jute fibre. The Jute Corporation of India (JCI) will continue as Central Government Nodal Agency t .....

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..... o undertake Price Support Operations and the losses incurred, if any, in such operations, will be fully reimbursed by the Central Government. - News - Press release - PIB Tax Management India - tax .....

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..... managementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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