Relief for Farmers: Centre Raises Copra MSP by Up to ₹445 for 2026 Season
New Delhi: In a move aimed at boosting farmers’ income, the Central Government on friday announced a significant hike in the Minimum Support Price (MSP) for copra for the 2026 season.Key Highlights of the MSP HikeMilling Copra:The MSP for milling copra has been increased by ₹445, bringing the new rate to ₹12,027 per quintal.Objective:The increase is intended to ensure better returns for coconut farmers.It also supports the growing demand for coconut-based products, including copra oil, desiccated coconut, and other derivatives.Impact on Farmers:Coconut growers, especially in Kerala, tamil Nadu, Karnataka, and Andhra Pradesh, are expected to benefit from improved profitability.The move is likely to encourage higher production and quality output, strengthening India’s position in the global coconut market.Government’s Support MeasuresAlong with the MSP hike, authorities are promoting modern farming techniques, better processing methods, and market linkages to maximize farmers’ income.This step is part of a broader strategy to boost agricultural growth and rural livelihoods.TakeawayThe MSP hike is a welcome relief for coconut farmers, providing them with financial security amid rising input costs and encouraging sustainable production practices. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.