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Coconut Promotion Scheme 2026
March 20 , 2026
12 hrs 0 min
23
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- The government announced the Coconut Promotion Scheme in Budget 2026–27 to boost coconut production and farmer income.
- India is the world’s largest coconut producer, contributing about 30.37% of global coconut production.
- Coconut is cultivated on about 2165 thousand hectares and produces around 21,373 million nuts annually.
- Nearly 30 million people, including about 10 million farmers, depend on coconut cultivation for their livelihood.
- The scheme focuses on improving productivity, replacing old trees, and promoting high-value agriculture crops like coconut, cashew and cocoa.
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