Coconut farmers in Tamil Nadu have expressed disappointment over the hike in Minimum Support Price (MSP) for copra announced by the Central government on Wednesday.
The new MSP for milling copra will be ₹ 11,160 per quintal and for ball copra it will be ₹12,000 per quintal.
P. Kandasamy, State general secretary, of Farmers Association (non-political), said the government is procuring only 10% of the copra through the National Agricultural Cooperative Marketing Federation of India (NAFED). “This is not adequate as the farmers are selling the remaining quantity in the open market for approximately ₹ 80 a kg,” he said.
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