Central Government Announces Increased Minimum Support Price For Ripe Coconut

Central Government Announces Increased Minimum Support Price For Ripe Coconut

June 23, 2020 Off By Virendra Yadav

The central government has declared the minimum support price (MSP) of 2020 season for ripe coconuts at Rs 2,700 per quintal. Thus, the MSP has been increased by 5.02 per cent against Rs 2,571 per quintal for the 2019 season.

The Union Minister for Agriculture and Farmers Welfare, Rural Development and Panchayati Raj, Shri Narendra Singh Tomar has said that the Modi government has placed the interests of farmers and all sections of all types of produce at the highest level all over the country. The increase in the minimum support price of ripened coconut will facilitate the purchase of fresh coconut. Also, millions of small coconut farmers will get the benefit of increased MSP.

Mr. Tomar said that being a crop of small coconut farmers, it is not common to make arrangements for aggregation and copra at the level of farmers. Although the minimum support price of remittance copra is Rs 9,960 per quintal for the 2020 crop season, the announcement of a higher minimum support price for diced coconut ensures immediate cash to small farmers who keep the produce in their possession Are incapable and have inadequate facilities for making copra. In the crisis of the Kovid-19 pandemic, an increase in the minimum support price will bring relief to coconut farmers, who have already been greatly affected by the pandemic and its disruptions in the supply chain.   

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