It is to be noted that the government has increased the MSP for milling copra and ball copra from Rs 5,250 per quintal and Rs 5,500 per quintal for the marketing season 2014 to Rs 11,582 per quintal and Rs 12,100 per quintal for the marketing season 2025, registering a growth of 121 percent and 120 percent, respectively, the Minister asserted.He said that the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) and the National Cooperative Consumers’ Federation (NCCF) will continue to act as Central Nodal Agencies (CNAs) for the procurement of copra and de-husked coconut under the Price Support Scheme (PSS), which will have an additional financial implication of Rs 855 crore to the government.A higher MSP will not only ensure better remunerative returns to the coconut growers in Karnataka, which has the highest share of 32.7 percent, followed by Tamil Nadu (25.7 percent), Kerala (25.4 percent), and Andhra Pradesh (7.7 percent), but also incentivize farmers to expand copra production to meet the growing demand for coconut products both domestically and internationally, Vaishnaw said.
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