Cabinet increases minimum support price for raw jute by Rs 315
The Union Cabinet has increased the minimum support price (MSP) for raw jute by Rs 315, setting it at Rs 5,650 per quintal for the 2025-26 marketing season.
The Union Cabinet on Wednesday is learnt to have cleared fertiliser subsidy worth Rs 22,000 crore for the Rabi season, which runs from October 2023 till March 2024.
The Government has cleared an additional subsidy of Rs 4,500 per tonne on DAP, sources said.
Advertisement
The new rates of subsidy are as follows: On Nitrogen it is Rs 47.02 per kg, on Phosphorus it is Rs 20.82 per kg, on Potash it is Rs 2.38 per kg, on Sulphur it is Rs 1.89 per kg.
Advertisement
Advertisement
