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By PTI Dec 23, 2022 11:50:30 PM IST (Published)
"The MSP for Fair Average Quality of milling copra has been fixed at Rs 10,860 per quintal and for ball copra at Rs 11,750 per quintal for the 2023 season. This is an increase of Rs 270 per quintal for milling copra and Rs 750 per quintal for ball copra over the previous season," the statement said.
The government has increased the minimum support price (MSP) of milling copra by Rs 270 per quintal and ball copra by Rs 750 per quintal.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved Minimum Support Prices (MSPs) for copra for the 2023 season, an official statement said.
The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP) and views of major coconut-growing states.