Comments
The Cabinet on Wednesday hiked the minimum support price (MSP) for copra by ₹1,000 a quintal in the 2018 season to encourage production and productivity of coconuts in the country.
The MSP of fair average quality of ball copra would go up to ₹7,750 a quintal against ₹6,785 a quintal last year, while milling copra would have an MSP of ₹7500, in place of ₹6,500 a quintal in 2017, official sources said.
This is expected to ensure appropriate minimum prices to the coconut farmers and step up investment in coconut cultivation, they said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.