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What is the role of JCI in Indian Agricultural Economy?

April 26, 2017Agricultural economy indian jci

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What is the role of JCI in Indian Agricultural Economy?

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The Jute Corporation of India Limited (JCI) came into existence in 1971 to undertake, inter-alia, MSP operation of raw jute to protect the jute growers from the distress sale to the middlemen so that such jute growers can get a minimum remunerative price for their produce. JCI is the only agency operating in raw jute to provide necessary marketing facilities to jute growers in the rural areas.