The Cabinet approved a hike in the minimum support price (MSP) of milling copra by ₹375 per quintal and ball copra by ₹300 per quintal, a commodity grown in 12 coastal states.MSP of both milling and ball copra have been increased. Cost of production for both the variants of copra is Rs. 6,800. The government will be giving 52% and 55% more than the cost of production. The increase in the MSP was in line with the recommendations of the Swaminathan.
Minimum support price (MSP)
List of Commodities for which MSP is set
A total of 23 commodities are covered by the MSP. They are:
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