Visakhapatnam: Chairman and Managing Director of the Jute corporation of India (JCI) K V R Murthy today said that the corporation has achieved the procurement target of four lakh quintals of raw jute both through Minimum Support Price (MSP)and commercial purchase last year. Addressing a media conference here today Murthy said this year also the JCI was committed to achieve more traded quantity than last year.
He said under Improved Cultivation and Advanced retting Exercises(I-CARE) project 50,000 hectares of area with 75,000 farmers registrations have been covered in the year 2017. this was an increase of 95 per cent area coverage and increase in 85 per cent farmers covered. He also added that the JCI was set up to protect the interest of jute growers through procurement of raw jute at the MSP fixed by the government of India and to maintain necessary infrastructure for this purpose. He said the corporation undertakes various project in support of jute cultivation and other jute related activities in co-ordination with the different government agencies and co-operatives.
