(a) whether there is any permanent scheme for procurement of Copra by Coconut
Development Board (CDB) from the farmers in the country;
(b) if so, the details thereof; and
(c) the benefits being accrued to the farmers therefrom?
(a) whether there is any permanent scheme for procurement of Copra by Coconut
Development Board (CDB) from the farmers in the country;
(b) if so, the details thereof; and
(c) the benefits being accrued to the farmers therefrom?
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI KANTI LAL BHURIA)
(a)&(b): No, Sir. However, Government of India is implementing Price Support Scheme
under which Minimum Support Price (MSP) is announced for every season in consultation with
the Commission for Agricultural Costs and Prices (CACP). National Agricultural Cooperative
Marketing Federation of India Ltd.(NAFED) being the nodal agency for the procurement
operations of Copra under the scheme, procuring Copra for price stabilization above the
Minimum Support Price.
(c): MSP is an assurance from the Government to intervene in the market operations of
procurement of Copra, whenever the market price falls below the MSP announced for each
season. The policy of the Government benefits the farmers to derive reasonable price for their
produce. NAFED has procured about 2729 MT of Copra under the Price Support Scheme during
2006 Season.