Prime Minister Narendra Modi to visit Vientiane, Laos

Published By : Admin | October 9, 2024 | 09:00 IST

At the invitation of H.E. Mr. Sonexay Siphandone, Prime Minister of the Lao People’s Democratic Republic, Prime Minister Shri Narendra Modi will visit Vientiane, Lao PDR, on 10-11 October 2024.

2. During the visit, Prime Minister will attend the 21st ASEAN-India Summit and the 19th East Asia Summit being hosted by Lao PDR as the current Chair of ASEAN.

3. India is marking a decade of the Act East Policy this year. Relations with ASEAN are a central pillar of the Act East Policy and our Indo-Pacific vision.

4. The ASEAN-India Summit will review progress of India-ASEAN relations through our Comprehensive Strategic Partnership and chart the future direction of cooperation.

5. The East Asia Summit, a premier leaders-led forum that contributes to building an environment of strategic trust in the region, provides an opportunity for leaders of EAS Participating Countries, including India, to exchange views on issues of regional importance.

6. Prime Minister is expected to hold bilateral meetings on the margins of the Summits.

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Cabinet approves Minimum Support Price for Copra for 2026 season
December 12, 2025

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi, has given its approval for the Minimum Support Price (MSP) for copra for 2026 season. In order to provide remunerative prices to the cultivators, Government had announced in the Union Budget of 2018-19, that MSP of all the mandated crops will be fixed at levels of at least 1.5 times of all India weighted average cost of production. The MSP for Fair Average Quality of milling copra has been fixed at Rs.12,027/- per quintal and for ball copra at Rs.12,500/- per quintal for 2026 season.

The MSP for 2026 season is an increase of Rs.445/- per quintal for milling copra and Rs.400/- per quintal for ball copra over the previous season. The Government has increased 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.12,027 per quintal and Rs.12,500 per quintal for the marketing season 2026, registering a growth of 129 percent and 127 percent, respectively.

A higher MSP will not only ensure better remunerative returns to the coconut growers but also incentivize farmers to expand copra production to meet the growing demand for coconut products both domestically and internationally.

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 under Price Support Scheme (PSS).