Welcome to The Jute Corporation of India Limited

Corporation Info

The Jute Corporation of India Ltd. (JCI) was set up in 1971 as an official agency by the Government of India with the aim to provide minimum support price (MSP) to the jute cultivators and also work as a helping hand in the raw jute sector.

JCI was established by the Indian Government for the welfare of the jute growers, for example, granting them a certain amount of funds with the help of which they can have their own farming sector of jute. The JCI was first started as a small official agency at the beginning but then slowly it expanded its networking and now has almost spread in 7 states successfully for jute growing. The states which are eminent for jute growing in India include West Bengal, Bihar, Assam, Meghalaya, Tripura, Orissa, and Andhra Pradesh.

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From The Chairman

Image descriptionThe union cabinet in their meeting dated 28th January 2009 has approved the proposal and regularized the subsidy amount of Rs. 147.067 crores. This amount was earlier paid to JCI as subsidy towards cost of maintaining its infrastructure for MSP operation during the period 2003-04 to 2007-08. This has now been accordingly adjusted in the books of account of the corporation. Your corporation has generated cumulative profit of Rs.108.48 crores (before tax) as per annual accounts for the year 2008-09 which is placed before you.

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Jute Technology Mission (Mini Mission-III)

The Jute Sector occupies an important place in the economy of the country in general and eastern region in particular. The Government of India has launched the Jute Technology Mission (JTM) for the overall development of the jute sector in the country. Ministry of Textiles has nominated The Jute Corporation of India Ltd. as the nodal agency for implementation of Mini Mission-III under overall guidance and supervision of the Jute Commissioner. The mandate of this Mini Mission-III is to develop and ensure efficient market linkages and value addition for raw jute through upgradation of the existing market infrastructure and facilities to be provided to farmers.

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