K.V.R. Murthy has taken over as chairman-cum-managing director of the Jute Corporation of India Ltd,Murthy was earlier associated with Eastern Railways in the capacity of Chief Commercial Manager. PTI BSM DKB JM MKJ. His appointment is for a period of 5 years or till the date of his superannuation, whichever is earlier.

Jute Corporation of India

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  is based in Kolkata, is an agency of the government of India .

• 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. 

• 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.