India, April 20 -- The Government of India has issued a release:
The stock limits imposed by the Jute Commissioner through the notification dated 20.03.2026 have now been revised to ensure fair distribution and prevent hoarding or speculative practices. The move follows a sharp rise in raw jute prices over the past few months, which have remained well above the Minimum Support Price (MSP) for 2025-26. As a result, various stakeholders have expressed concerns regarding the availability of raw jute.
Regulatory Instructions
Enforcement and Compliance
The volatility in the prices and non-availability of raw jute have potential to threaten the jute industry and has potential for disruption in the employment in the industry. These measures are intended to stabilise jute supply and support the interests of farmers, manufacturers, and consumers nationwide.
Disclaimer: Curated by HT Syndication.