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Agricultural Costs and Prices Commission visited CDB

In Business
August 06, 2016

KOCHI:
A delegation of CACP team headed by Prof. Vijay Paul Sharma ,Chairman, Commission for Agricultural Cost and Prices (CACP) and S. R. Joshi (Advisor, CACP) visited Coconut Development Boardfield visit and held discussion with G. R. Singh, Chief Coconut Development Officer, Coconut Development Board and other stakeholders in coconut sector, regarding price policies for arriving at MSP for milling/ball copra and raw coconut for the season 2017.
Senior officials from Coconut Development Board, Coir Board, Kerafed, State Agricultural Department, Scientist from CPCRI and representatives from Nafed and State Agricultural Prices Board Participated in the meeting. Government of India announces Minimum Support Price (MSP) for ball copra and milling copra every year based on the recommendations of the Commission for Agricultural Costs and Prices (CACP). Whenever prices fall below MSP, the Government machinery intervenes and procures copra from farmers at MSP through national level nodal agencies of Govt. of India.
This procurement under the Price Support Scheme is intended to provide relief to the coconut growers during the period of price fall below MSP. The team also visited the Coconut Processing unit of Al Malabar Coconut Products Pvt. Ltd., Thrithalloor, Thrissur, Kerasuraksha Federation of Coconut Producers Societies, Marancherry and Nirmal Industries, Irinjalakuda and observed the processing activities.