Published By : Admin |
December 23, 2022 | 22:58 IST
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The Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister Shri Narendra Modi has approved Minimum Support Prices (MSPs) for copra for 2023 season. The approval is based on recommendations of the Commission for Agricultural Costs and Prices and views of major coconut growing states.
The MSP for Fair Average Quality of milling copra has been fixed at Rs. 10860/- per quintal and for ball copra at Rs. 11750/- per quintal for 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. This would ensure a margin of 51.82 percent for milling copra and 64.26 percent for ball copra over the all India weighted average cost of production. The announced MSP of copra for 2023 season is in line with the principle of fixing the MSP at a level of at least 1.5 times all India weighted average cost of production as announced by the Government in the Budget 2018-19.
It is one of the important and progressive steps towards ensuring better remunerative returns to the coconut growers and improving their welfare substantively.
National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) and National Cooperative Consumers’ Federation (NCCF) will continue to act as Central Nodal Agencies (CNAs) for procurement of copra and de-husked coconut under Price Support Scheme (PSS).
Prime Minister today addressed a large gathering of Indian community members in Muscat. The audience included more than 700 students from various Indian schools. This year holds special significance for Indian schools in Oman, as they celebrate 50 years of their establishment in the country.
Addressing the gathering, Prime Minister conveyed greetings to the community from families and friends in India. He thanked them for their very warm and colorful welcome. He stated that he was delighted to meet people from various parts of India settled in Oman, and noted that diversity is the foundation of Indian culture - a value which helps them assimilate in any society they form a part of. Speaking of how well Indian community is regarded in Oman, Prime Minister underlined that co-existence and cooperation have been a hallmark of Indian diaspora.
Prime Minister noted that India and Oman enjoy age-old connections, from Mandvi to Muscat, which today is being nurtured by the diaspora through hard work and togetherness. He appreciated the community participating in the Bharat ko Janiye quiz in large numbers. Emphasizing that knowledge has been at the center of India-Oman ties, he congratulated them on the completion of 50 years of Indian schools in the country. Prime Minister also thanked His Majesty Sultan Haitham bin Tarik for his support for welfare of the community.
Prime Minister spoke about India’s transformational growth and development, of its speed and scale of change, and the strength of its economy as reflected by the more than 8 percent growth in the last quarter. Alluding to the achievements of the Government in the last 11 years, he noted that there have been transformational changes in the country in the fields of infrastructure development, manufacturing, healthcare, green growth, and women empowerment. He further stated that India was preparing itself for the 21st century through developing world-class innovation, startup, and Digital Public Infrastructure ecosystem. Prime Minister stated that India’s UPI – which accounts for about 50% of all digital payments made globally – was a matter of pride and achievement. He highlighted recent stellar achievements of India in the Space sector, from landing on the moon to the planned Gaganyaan human space mission. He also noted that space was an important part of collaboration between India and Oman and invited the students to participate in ISRO’s YUVIKA program, meant for the youth. Prime Minister underscored that India was not just a market, but a model for the world – from goods and services to digital solutions.
Prime Minister conveyed India’s deep commitment for welfare of the diaspora, highlighting that whenever and wherever our people are in need of help, the Government is there to hold their hand.
Prime Minister affirmed that India-Oman partnership was making itself future-ready through AI collaboration, digital learning, innovation partnership, and entrepreneurship exchange. He called upon the youth to dream big, learn deep, and innovate bold, so that they can contribute meaningfully to humanity.
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