|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Government boosts copra farmer income with higher MSP for 2026 season
|
|
Wednesday, 17 December, 2025, 08 : 00 AM [IST]
|
|
|
In a decisive move to support coconut growers and strengthen India’s agricultural framework, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the enhanced Minimum Support Price (MSP) for copra for the 2026 marketing season. The announcement was made by the Ministry of Agriculture & Farmers Welfare recently.
Under this approval, the MSP for Fair Average Quality (FAQ) milling copra has been fixed at Rs 12,027 per quintal, while ball copra will receive a support price of Rs 12,500 per quintal. These represent increases of Rs 445 and Rs 400 per quintal, respectively, over the previous marketing season, reflecting the government’s ongoing efforts to ensure fair and remunerative returns for farmers.
The decision aligns with the government’s commitment, first announced in the Union Budget of 2018–19, to set MSP for all mandated crops at not less than 1.5 times of the all-India weighted average cost of production. This policy has significantly enhanced farmer income over the years. Since the 2014 marketing season, MSP for milling copra has more than doubled from Rs 5,250 per quintal to Rs 12,027, and for ball copra from Rs 5,500 to Rs 12,500, marking increases of 129% and 127%, respectively.
Officials said the revised MSP is expected to not only provide better earnings for coconut farmers but also encourage expansion in copra cultivation to meet rising domestic and international demand for coconut products.
To facilitate procurement under the Price Support Scheme (PSS), the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) and the National Cooperative Consumers’ Federation (NCCF) will continue as Central Nodal Agencies.
|
|
|
|
|
|
|
|
|
|