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Cabinet Approves MSP for Copra for 2025 Season

The Union Cabinet today approved the Minimum Support Price (MSP) for Copra for the 2025 season, reiterating the government's commitment to enhancing farmer welfare.

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Neha Kumari
New Update
Ashwini

The Union Cabinet today approved the Minimum Support Price (MSP) for Copra for the 2025 season, reiterating the government's commitment to enhancing farmer welfare. Union Minister Ashwini Vaishnaw, while addressing the media, emphasized the significant steps being taken to improve the livelihoods of farmers across the country.

Focus on Farmer Welfare with Central and State Collaboration

"A series of decisions have been taken for the welfare of farmers. It reflects our commitment, the Prime Minister's commitment, towards improving the lives of farmers," Vaishnaw stated. He highlighted Karnataka as the leading state in Copra production and noted its pivotal role in ensuring the success of this initiative.

Cabinet Approves MSP for Copra for 2025 Season

The procurement of Copra will be executed through a collaborative approach, with both the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers' Federation of India (NCCF) serving as central nodal agencies. Additionally, state governments will play a crucial role in the procurement process, working closely with state-level corporations to facilitate smooth operations.

This decision underscores the government’s effort to ensure fair remuneration for farmers and promote agricultural sustainability. The MSP for Copra is expected to safeguard farmers from market fluctuations and provide a stable income, further encouraging Copra cultivation across the country.

The cooperative framework, involving both central and state agencies, aims to streamline the procurement process and enhance its efficiency, benefitting Copra growers nationwide. The announcement is being welcomed as a significant step towards achieving the government’s vision of doubling farmers’ income and bolstering the agricultural economy.

The decision reinforces the government's focus on agriculture as a cornerstone of economic and social development, ensuring the welfare of millions of farmers reliant on Copra production for their livelihoods.