The Cabinet Committee on Economic Affairs on March 13, 2020 gave its approval for the Minimum Support Prices (MSPs) for copra for 2020 season.
The MSP for Fair Average Quality (FAQ) of milling copra has been increased to Rs. 9,960/- per quintal for 2020 season from Rs. 9,521/- per quintal in 2019 and the MSP for ball copra has been increased to Rs. 10,300/- per quintal for 2020 season from Rs. 9,920/- per quintal in 2019. This will accrue a benefit of Rs 439/- per quintal in the milling copra and Rs 380/- increase in the Ball Copra.
The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP).
India is number one in production and productivity of Copra in the World
