Cabinet approves Minimum Support Price for Copra for 2020 season

​The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given its approval for the Minimum Support Prices (MSPs) for copra for 2020 season.The MSP for Fair Average Quality (FAQ) of milling copra and ball copra for 2020 season. 

• 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.
• India is number one in production and productivity of Copra in the World.