The MSP hike is expected to incentivise farmers to expand copra production to meet growing demand for coconut products both domestically and internationally. Representational Image/AI-generated

MSP hike : In a major boost for farmers, the Narendra Modi government on Friday hiked the minimum support price (MSP) for milling copra by up to Rs 445 to Rs 12,027 per quintal for the 2026 season.

How much MSP hike was announced?

Addressing a press briefing after the meeting of the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, Union Minister for Information and Broadcasting Ashwini Vaishnaw said MSP for milling copra has been increased to to Rs 445 to Rs 12,027 per quintal, and that for ball copra has been raised by Rs 400 to Rs 12,500 per quintal for the 202

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