The MSP for fair average quality of milling copra has been increased to ?10,590 per quintal for 2022 season from ?10,335 in 2021 and the minimum price for ball copra has been increased to Rs.11,000 per quintal for 2022 season from ?10,600 in 2021, the CCEA said. 
The cabinet said the move is to ensure a return of 51.85% for milling copra and 57.73% for ball copra over the all India weighted average cost of production.
“The increase in MSP for copra for 2022 season is in line with the principle of fixing the MSP at a level of at least 1.5 times the all India weighted average cost of production as announced by the Government in the Budget 2018-19," it said.

The decision is based on recommendations of the Commission for Agricultural Costs and Prices (CACP). It assures a minimum of 50% as margin of profit as one of the important and progressive steps towards making possible doubling of farmers' incomes by 2022.
The National Agricultural Cooperative Marketing Federation of India Limited and National Cooperative Consumer Federation of India Limited will continue to act as Central Nodal Agencies to undertake price support operations at the MSP in the coconut growing States.

Source: Mint