Recently the Economic Affairs Committee of the Union Cabinet has approved the Minimum Support Price of Copra.

Recently the Economic Affairs Committee of the Union Cabinet has approved the Minimum Support Price of Copra.

Daily Current Affairs   /   Recently the Economic Affairs Committee of the Union Cabinet has approved the Minimum Support Price of Copra.

Change Language English Hindi

Category : Business and economics Published on: December 29 2023

Share on facebook
  • Copra is called coconut in general sense.
  • The Committee on Economic Affairs of the Union Cabinet has approved the Minimum Support Price of Copra in December 2023.
  • The Committee on Economic Affairs of the Union Cabinet has approved the Minimum Support Price of 2 types of copra.
  • These types are – Milling Copra and Ball Copra.
  • MSP for fair average quality of milled copra for the year 2024 season. It has been fixed at Rs 11,160 per quintal.
  • MSP for ball copra The price has been fixed at Rs 12000 per quintal.
  • MSP for milling copra in the year 2024 season has been an increase of Rs 300 per quintal compared to the previous season.
  • The price of ball copra has increased by Rs 250 per quintal.
  • To provide remunerative prices to farmers, the Government had announced in the Union Budget 2018-19 that the MSP of all essential crops will be all India-weighted production cost will be fixed at a minimum level of 1.5 times.
  • Minimum support price is recommended by the Commission for Agricultural Costs and Prices.
Recent Post's

  • WTO’s 14th Ministerial Conference began on 26 March 2026 in Yaounde, Cameroon, with focus on reforms and fisheries subsidies.

    Read More....

  • India hosted the first BRICS Youth Coordination Meeting on 25 March 2026 under its 2026 Chairship in virtual format.

    Read More....

  • 9th PharmaMed 2026 conference will be held on 27 March 2026 in New Delhi focusing on healthcare equity and value-driven pharma growth.

    Read More....

  • The IOC has banned transgender women and most DSD athletes from competing in female categories at the Olympics from 2028, introducing a mandatory one-time SRY gene test to ensure fairness.

    Read More....

  • World Theatre Day 2026 is being celebrated on 27 March with the theme ‘Theatre and a Culture of Peace’.

    Read More....

  • Renowned orangutan expert Birute Galdikas passed away at 79 on 25 March 2026 in Los Angeles.

    Read More....

  • The Union Cabinet approved continuation of IVFRT Scheme till 2031 to modernise India’s immigration and visa processes.

    Read More....

  • Telangana government has started relocation of tribal families from Amrabad Tiger Reserve for wildlife conservation and development.

    Read More....

  • Mission Saksham Anganwadi and Poshan 2.0 is strengthening nutrition delivery through upgraded Anganwadi centres and digital monitoring.

    Read More....

  • Parliamentary panel noted significant improvement in fund utilisation by the Department of Biotechnology in 2025-26.

    Read More....