The Union Cabinet has given its approval for the Minimum Support Prices for copra for 2022 season. Information and Broadcasting Minister Anurag Thakur said that the MSP for Fair Average Quality of milling copra has been increased to 10,590 rupees per quintal for 2022 season from 10,335 rupees per quintal. He said, MSP for ball copra has been increased to 11,000 per quintal for 2022 season from 10,600. This is to ensure a return of 51.85 percent for milling copra and 57.73 percent for ball copra.

The decision is based on recommendations of the Commission for Agricultural Costs and Prices. It assures a minimum of 50 percent as margin of profit as one of the important and progressive steps towards making possible doubling of farmers’ incomes by 2022.

The National Agricultural Cooperative Marketing Federation of India Limited and National Cooperative Consumer Federation of India Limited will continue to act as Central Nodal Agencies to undertake price support operations at the MSP in the coconut growing States.


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