Day 17
Agriculture & FoodSkim2024-12-20
CCEA Approves Hike in Copra MSP for 2025 Season
What Happened
The Cabinet Committee on Economic Affairs (CCEA) increased the Minimum Support Price (MSP) for copra for the 2025 season. Milling copra was raised to 11,582 rupees per quintal and ball copra to 12,100 rupees per quintal, with procurement led by NAFED and NCCF.
Why It Matters
The hike ensures a 50 percent margin over the cost of production for coconut farmers, supporting income stability in major coastal agricultural regions.
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