For the year 2026, the lowest price paid for dried coconut used to make oil increases significantly to Rs 12,027 per 100 kilograms, representing a substantial jump of Rs 445. The cost of dried coconut used for other purposes also increases by Rs 400, reaching Rs 12,500 per 100 kilograms. Minister Ashwini Vaishnaw shared this information after a meeting of the Cabinet Committee led by Prime Minister Narendra Modi, and these prices are based on advice from the Commission for Agricultural Costs and Prices. Government groups like NAFED and NCCF will be responsible for purchasing the coconuts, making the process easier during the main harvest season from January to April in regions such as Karnataka, Tamil Nadu, and Kerala.
This increase shows that the cost to grind dried coconut has gone up 129% since 2014—from 5,250 Rupees—and whole dried coconut is up 127% from 5,500 Rupees. This makes good on the promise in the 2018-19 budget to set the MSP at a minimum of 1.5 times the typical cost to produce, which helps more farming. Because items made from coconut are becoming more popular both locally and abroad, these actions close the gaps in supply while paying for farming that can last. Government workers think there will be bigger harvests and steady paychecks, which will make our food supply stronger with different farm products.
To keep the market steady on purpose, buying systems focus on decent, normal goods, cutting down on problems and making sure many farmers can take part. By giving more power to groups of farmers working together, this plan gets rid of unfair middlemen, so the farmers get the money themselves. If this keeps going, it might make India better known worldwide for selling coconuts, since there is more and more need each year for coconut oils, dried coconut, and better coconut items.
This careful way of setting prices helps people in the countryside make a living even when the weather is bad, and things cost more. Farmers should sign up quickly with the main groups to make sales easy. This plan, which focuses on dried coconut, shows a good way to run farming, putting fairness and getting bigger first.