Global Trade Alert
Global Trade Alert

India: Minimum support price increased for raw jute for the 2022-2023 season

Announcement

22 Mar 2022

India has increased the minimum support price for raw jute for the 2022-2023 season.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2022

Revocation date:

30 Jun 2023

Announced: 22 Mar 2022
Price stabilisation
On 22 March 2022, the Indian Cabinet Committee on Economic Affairs approved a minimum support price of INR 4750 (~USD 62.42) per quintal for raw jute (TDN3 equivalent to TD5 grade) for the 2022-2023 s...
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