The Cabinet Committee on Economic Affairs on January 27, 2021 gave its approval for the Minimum Support Price (MSP) of copra for 2021 season.
- The MSP for Fair Average Quality (FAQ) of milling copra has been increased,by Rs.375/-, to Rs. 10335/- per quintal for 2021 season from Rs. 9960/- per quintal in 2020.
- The MSP for ball copra has been increased, by Rs.300/-, to Rs. 10,600/- per quintal for 2021 season from Rs. 10300/- per quintal in 2020. T
- The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP).
- The National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and National Cooperative Consumer Federation of India Limited (NCCF) will continue to act as Central Nodal Agencies to undertake price support operations at the MSP in the coconut growing States.
- For 2020 season, Government has procured 5053.34 tonnes of ball copra and 35.58 tonnes of milling copra benefiting 4896 copra farmers.