Jute Corporation of India Current Affairs, GK & News

Union Cabinet approves norms for Mandatory Packaging in Jute MAterials

On October 29, 2020, the Union Cabinet approved by PM Modi approved that 20% of sugar and 100% of food grains should be mandatorily packed in jute bags. Highlights This decision will help in diversifying jute industries. The mandatory jute packing norms have been introduced under Jute Packaging Material Act, 1987. However, when in shortage ..

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CCEA approves extension of norms for mandatory packaging in Jute Materials

Cabinet Committee on Economic Affairs (CCEA) has approved to expand the scope of mandatory packaging norms under Jute Packaging Material (JPM) Act, 1987. It has approved that 100% of the food grains and 20% of sugar shall be mandatorily packed in diversified jute bags. Initially 10% of indents of jute bags for packing foodgrains will ..

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Union Cabinet approves hike of Minimum Support Price (MSP) for raw jute

The Cabinet Committee on Economic Affairs (CCEA) has approved the increase in the Minimum Support Price (MSP) for Raw Jute for 2018-19 season. The MSP for Fair Average Quality of Raw Jute has been increased to Rs 3700 per quintal for 2018-19 season from Rs 3500 per quintal in 2017-18 season. The MSP of Raw ..

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KVR Murthy appointed as CMD of Jute Corporation of India Limited

KVR Murthy was appointed as the Chairman-cum-Managing Director (CMD) of the Jute Corporation of India Limited (JCIL). He will have tenure of five years or till the date of his superannuation, whichever is earlier. Prior to this appointment he was serving as the Chief Commercial Manager of Eastern Railways. About Jute Corporation of India Limited ..

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Current Minimum Support Prices

Keeping in view the interests of the farmers as also the need for self reliance, the Government of India has been announcing Minimum Support Prices (MSP) for major crops from year to year. Farmers are free to sell in the open market or to the Government at the MSP depending on what is more advantageous ..

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