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Cabinet approves Minimum Support prices for copra for 2023 season

Published By : Admin | December 23, 2022 | 22:58 IST

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).

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Prime Minister shares address by Shri Amit Shah in Lok Sabha on India’s decisive fight against Naxalism
March 30, 2026

The Prime Minister, Shri Narendra Modi shared the outstanding speech delivered by Union Home Minister Shri Amit Shah ji, noting that it was filled with important facts, historical context, and a detailed account of the Government’s efforts over the past decade. Shri Modi highlighted that for decades, the retrograde Maoist ideology had an adverse impact on the development of several regions, with Left Wing Extremism severely affecting the future of countless youngsters.

He further underlined that over the last ten years, the Government has worked towards uprooting this menace, while simultaneously ensuring that the benefits of development reach areas affected by Naxalism. The Prime Minister reaffirmed that the Government will continue to focus on strengthening good governance and ensuring peace and prosperity for all.

The Prime Minister posted on X:

“This is an outstanding speech by the Home Minister, Shri Amit Shah Ji, filled with important facts, historical context and the efforts of our Government in the last decade.

For decades, the retrograde Maoist ideology had an adverse impact on the development of several regions. Left Wing Extremism has ruined the future of countless youngsters.

In the last decade, our Government has worked towards uprooting this menace and at the same time ensuring the fruits of development reach areas affected by Naxalism. We will keep focusing on furthering good governance and ensuring peace and prosperity for all.”