MINISTER OF STATE IN THE MINISTRY OF TEXTILES(SMT. PANABAAKA LAKSHMI)
(a): The Government has launched the Jute Technology Mission (JTM) in major jute growing States
in February 2007 for holistic growth and development of Jute and Diversified Jute Products at an
estimated cost of Rs. 355.55 crore. The Mission is to be implemented by 2012. The Mission has four
Mini-Missions of which Mini-Missions-I and II are being implemented by the Ministry of Agriculture
and Cooperation and Mini-Missions-III & IV are being implemented by the Ministry of Textiles. In
addition, Government provides price support to farmers through Minimum Support Price (MSP)
operations.
(b): Yes, Madam. The Jute Corporation of India (JCI) has been entrusted with the work of
procuring jute from the jute growers under operations. There is no ceiling on JCI for procurement
under MSP.
(c) & (d): Yes, Madam. The losses incurred by JCI under the MSP operations are being
compensated by Ministry of Textiles .The details of which are as under:
(Rs. in crore)
Year Amount
2006-07 28.00
2007-08 30.00
2008-09 36.59
The Government has fixed Rs. 1,375 per quintal as Minimum Support Price (MSP) for TD-5 grade jute (ex-Assam) for the jute year 2009-10 (July-June).