With a view to increase production of Jute, the Government has launched the Jute Technology Mission(JTM) in major jute growing States in February 2007 for a 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 comprises 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 security to farmers through Minimum Support Price(MSP)operations. This was stated by the Minister of State of Textiles, Smt. Panabaaka Lakshmi in the Lok Sabha, in a written reply to a question by Shri Prasanta Kumar Majumdar, Shri Narahari Mahato, Shri Manohar Tirkey, and Shri Nripendra Nath Roy.
The Minister further informed the House that the Government fixes the Minimum Support Price (MSP) of various grades of jute based on the recommendations of the Commission for Agricultural Costs and Price (CACP). Based on such recommendations, the Government has already increased the MSP for the current jute year (2009-10) by Rs. 125 over the last year, and declared an MSP of Rs. 1,375 for TD-5 grade jute this year.
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-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
