MSP of copra elevated, says Prakash Javadekar
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The Minister stated that this transfer is predicted to influence farmers of 12 coastal States.
The Minimum Support Price of copra has been elevated in a transfer that can influence farmers of 12 coastal States, Union Information and Broadcasting Minister Prakash Javadekar stated on Wednesday.
The Cabinet has taken an essential determination for copra farmers, MSP has been elevated by Rs. 375 to Rs. 10,335 per quintal, he stated in a press briefing.
“This will impact the farmers of 12 coastal States. We have seen when the government increases rate, the market also pays more,” he stated.
“MSP of both milling and ball copra have been increased. Cost of production of both is Rs. 6,800. We are giving 52% and 55% more than cost of production. This is one of the decisions in a series of decisions to benefit farmers,” stated Mr. Javadekar.
This is as per Swaminathan suggestions, which weren’t carried out by Congress, he added.
Mr. Javadekar added that the police will maintain a press convention at 4 p.m. on the violence that adopted the farmers’ tractor rally in Delhi on Republic Day.
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