Poket News

 Centre decides to lift Price Capping of Raw Jute with effect from May 20

 

  • The price cap of 6,500 rupees per quintal for TD5 grade of raw jute was fixed from 30th of September last year on purchase of raw jute by the Jute Mills and other end users. 
  • The Textiles Ministry in a statement said, Jute Commissioner Office has been collecting the information about the raw jute prices through formal and informal sources and it has found that the present prices are ruling near the capped price.