The Jute Corporation Of India Limited (JCI) was incorporated by the Government Of India in 1971 as a price support agency with a clear mandate for the procurement of raw jute / mesta without any quantitative limit from the growers at the minimum Support price (MSP) declared in each year by the Government Of India based on the recommendations made by Commission for Agricultural Cost & Prices (CACP). This protects the jute growers from exploitations in the hands of the middle men. The basic objective is not profit making but a social cause to protect the interest of about 4.00 million families engaged in farming of jute , most of whom are small / marginal farmers. Therefore the presence of JCI in the market provide stability in the raw jute prices.
Procurement Operation of Raw Jute under MSP operation and commercial operation as per the situation arises. Procurement is done either through JCI’s DPCs and / or through Cooperatives.
Sales Operation of Raw jute through B-Twill Linkage (for MSP Purchased jute) or through e-auction / e-tender (for commercial procurements) processes.
Price Stabilisation Activity: Involvement of JCI in commercial trading through judiciously chosen procurement and sales prices, controls the market by maintaining optimally stabilised price range almost throughout the jute year.
Diversified Business Activities:
JCI started trading activities of various Jute diversified products like Jute shopper bag, Jute bottle bag, Jute packaging items, Jute stationary items like file – folder, Jute upholstery etc.
JCI is doing certified jute seed business under Jute I-CARE Project and thus propagating / educating farmers about good result of using certified jute seeds in place of Truth Level (TL) printed spurious quality seeds.
Jute I-CARE Project: JCI is the sole implementing agency of Jute I-CARE Project through which advanced cultivation technology and retting technology are propagated among jute farmers. Scientific organization like CRIJAF (under ICAR) is closely associated, through JCI, to jute farming communities all over India to teach them about utility and facilities of adopting advanced technologies. In every year, coverage of land area, coverage of farmers and distribution – awareness of certified jute seeds under I-CARE Project are gradually increasing. JCI will exert effort to manifold propagate this project in coming years.
Farmers’ outreach programme: JCI has rural network structure by its own or through its associates like co-operatives throughout all jute growing areas of the country. So, JCI is the only organization to propagate various farmers’ outreach programmes, as adopted by Government of India. Some are as below:
Krishi Mela : JCI used to participate at different state organized Krishi Melas to make farmers aware of advanced cultivation processes, utility of certified jute seeds and enzyme based retting practices etc. Various government schemes like Pradhan Mantri Fasal Bima Yogana, Prdhan Mantri Krishi Sinchai Yogana etc and various government initiatives like cashless payment drive and it’s utility – facility in future are propagated among farmers through such krishi melas.
Training Programme : Through various training programmes at it’s DPCs, JCI officials used to give training to farmers about qualities of jute and different gradations accordingly, how adoption of improved technology may increase jute yield and quality of yield per acreage of land which in turn may give more return to farmers. JCI has planning to intensify these farmers’ outreach programmes in future.