In order to encourage farmers to step up investment in jute cultivation and thereby increase production and productivity of jute in the country, Government has approved an increase in the minimum support price (MSP) of jute by Rs.100 to Rs.2,300 per quintal for 2013-14.

The Jute Corporation of India would continue to act as the nodal agency to undertake price support operations of the MSP in the jute growing states.

Cabinet Committee on Economic Affairs also approved the proposal of the Home Ministry for continuation of the Scheme for Special Infrastructure in Left Wing Extremism affected states during the 12th Plan period.

The proposal includes an added objective of upgradation and critical gap filling of training infrastructure, residential infrastructure, weaponry, vehicles and any other related items pertaining to Special Forces of Left Extremism affected states.

The scheme will enhance the security in the region which would provide an enabling environment for development.

The total cost would be 373 crore rupees comprising Rs. 280 Crore as central share and Rs. 93 crore as state government share .