Source: PIB
Context:
The Government of India has announced the Coconut Promotion Scheme in the Union Budget 2026–27 to strengthen the coconut sector, where India is the world’s largest producer (30.37% share).
About the Scheme
- A Central Sector Scheme aimed at:
- Enhancing coconut productivity
- Improving quality
- Promoting value addition
Budget Allocation
- Part of a broader â‚ą350 crore allocation for high-value crops:
- Coconut
- Cashew
- Cocoa
Status
- Currently under formulation
- State-wise fund allocation yet to be finalised
Objectives
- Increase production and productivity
- Enhance farmer income
- Improve global competitiveness of Indian coconut products
- Promote value-added exports
Key Features
1. Replantation and Rejuvenation
- Replacement of:
- Old and senile trees
- Low-yielding varieties
- Introduction of high-yielding coconut plants
2. Improved Varieties
- Promotion of:
- Disease-resistant varieties
- Climate-resilient cultivars
3. Productivity Enhancement
- Adoption of:
- Better agronomic practices
- Efficient irrigation systems
- Scientific nutrient management
4. Value Addition and Processing
- Encouragement for:
- Coconut-based industries
- Branding and exports
- Focus on products like oil, coir, coconut water, etc.
5. Farmer Livelihood Support
- Targeted interventions to:
- Strengthen income security
- Improve rural employment
India’s Position in Coconut Production
| Parameter | Data |
|---|---|
| Global Rank | 1st |
| Share in Global Production | 30.37% |
| Annual Production | 21,373.62 million nuts |
