Swarajya Logo
Swarajya Logo
Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Our Views
    Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Magazine
  • Store

About Swarajya

Swarajya is a publication by Kovai Media Private Limited.

Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India.

editor@swarajyamag.com

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Participate

  • Contact Us
  • Write for us
  • Style Guide
  • Jobs

Stay Connected

  • Artboard 2 Copy 6Created with Sketch.
    Artboard 2 Copy 10Created with Sketch.
    Artboard 2 Copy 7Created with Sketch.
    Artboard 2 Copy 9Created with Sketch.
  • Andriod Logo
  • IOS Logo

Insta

CCEA Chaired By PM Modi Approves Hikes In MSP Of Copra For 2021 Season  

IANSThursday, January 28, 2021 11:55 am IST
Copra
Copra
Copra

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the hike of the Minimum Support Price (MSP) for milling copra and ball copra by Rs 375 and Rs 300, respectively, for the 2021 season.

The MSP for Fair Average Quality of milling copra has been increased by Rs 375, to Rs 10,335 per quintal for 2021 from Rs 9,960 per quintal in 2020, an official statement said.

The MSP for ball copra has been increased by Rs 300, to Rs 10,600 per quintal for 2021 season from Rs 10,300 per quintal in 2020.

The declared MSP ensures a return of 51.87 per cent for milling copra and 55.76 per cent for ball copra over the all-India weighted the average cost of production.

The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP).

The increase in MSP for copra for 2021 season is in line with the principle of fixing the MSP at a level of at least 1.5 times the all India weighted average cost of production which was announced by the government in the Budget 2018-19, the Agriculture and Farmers Welfare Ministry statement said.

It assures a minimum of 50 per cent as margin of profit as one of the important and progressive steps towards making possible doubling of farmers' incomes by 2022, it said.

The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and the National Cooperative Consumer Federation of India Ltd (NCCF) will continue to act as central nodal agencies to undertake price support operations at the MSP in the coconut growing states.

For the 2020 season, the government has procured 5,053.34 tonnes of ball copra and 35.58 tonnes of milling copra benefiting 4,896 copra farmers, as per the statement.

This news has been published via a Syndicated feed. Only the headline is changed.

Tags
CCEA
PM Modi
Copra procurement
India MSP system
Copra

Comments ↓

An Appeal...


 

Dear Reader,

 

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

 

Our business model is you and your subscription.  And in challenging times like these, we need your support now more than ever.

 

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

 

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Get Swarajya in your inbox.


Magazine


Swarajya Magazine Cover Image
Merchandise

Merchandise


    Politics

    Telangana: BJP Boycotts MLAs Oath-Taking Ceremony In Assembly After Akbaruddin Owaisi's Appointment As Pro-Tem Speaker

    Telangana: BJP Boycotts MLAs Oath-Taking Ceremony In Assembly After Akbaruddin Owaisi's Appointment As Pro-Tem Speaker

    Swarajya Staff
    5m

    Suspense Over Rajasthan CM Continues As Yogi Balaknath Dismisses Social Media Speculations

    Swarajya Staff
    48m

    Income Tax Raids Linked To Congress MP Dhiraj Sahu Continue In Jharkhand, Odisha; Over Rs 200 Crore Cash Recovered So Far

    Swarajya Staff
    1h

    Economy

    Enough Of Big Bang Reforms? No Major Announcements In Next Budget, "Wait Till July 2024", Says Nirmala Sitharaman

    Enough Of Big Bang Reforms? No Major Announcements In Next Budget, "Wait Till July 2024", Says Nirmala Sitharaman

    Nishtha Anushree
    2d

    ₹58,378 Crores! Govt Set To Open Taps On Additional Welfare Spending With 2024 In Mind

    Swarajya News Staff
    2d

    India Anticipated To Be Fastest Growing In Next Three Years, Set to Become Third Largest Economy By 2030: S&P

    Nishtha Anushree
    4d

    Defence

    On This Day, In 1971, Indian Military Keeps Up Pressure: With Intense Armour Clashes In Western Pakistan, While Second Naval Raid On Karachi Looms

    On This Day, In 1971, Indian Military Keeps Up Pressure: With Intense Armour Clashes In Western Pakistan, While Second Naval Raid On Karachi Looms

    Ujjwal Shrotryia
    20h

    Indian Army Sets Sight On Future: Developing AI And Cybersecurity Tech; Can Now Interpret Enemy's Electronic Order Of Battle

    Swarajya Staff
    1d

    Indian Air Force's C-17 Globemaster-III Transport Aircraft Successfully Drops DRDO-Developed Heavy Airdrop Platform

    Swarajya Staff
    1d

    World

    After Becoming Longest-Serving President, Putin Announces Running For Election In Russia Again

    After Becoming Longest-Serving President, Putin Announces Running For Election In Russia Again

    Nishtha Anushree
    19h

    Maldives Skips Key Indian Ocean Security Meet With India And Other Neighbours, Opts For Chinese Forum Amidst Growing Tilt

    Swarajya Staff
    1d

    Azerbaijan President Accuses India And France Of Fuelling Armenia's Fire Of 'Revenge' For Loss In Nagorno-Karabakh War

    Swarajya Staff
    1d

    Culture

    From Jodhpur To Ayodhya On Bulls, Preserved Through Herbs: The Story Of Ghee To Be Used For Ram Lalla's First Aarti

    From Jodhpur To Ayodhya On Bulls, Preserved Through Herbs: The Story Of Ghee To Be Used For Ram Lalla's First Aarti

    Nishtha Anushree
    4h

    ‘Garba Of Gujarat’ Declared As Intangible Heritage By UNESCO

    Arun Kumar Das
    2d

    Gujarat's Garba Is Now In List Of UNESCO Intangible Cultural Heritage of Humanity

    Swarajya News Staff
    2d
    States

    infrastructure


    Arun Kumar Das
    1

    Indian Railways To Run 4,500 Vande Bharat Trains By 2047, Says Union Minister Scindia

    2 Mins Read
    Arun Kumar Das
    2

    Path To Prosperity: National Tourism Policy Paves The Way For Economic Boost

    1 Mins Read
    Amit Mishra
    3

    Gurugram: Haryana Government To Incorporate 'New Company' For Millennium City Metro Corridor

    2 Mins Read
    Amit Mishra
    4

    Ayodhya Airport To Be Ready By December End, Says Jyotiraditya Scindia

    2 Mins Read