Source: PIB
Subject: Government Schemes
Context: The Government of India highlighted India’s position as the largest global coconut producer (30.37%).
- Simultaneously, the Coconut Promotion Scheme announced in Union Budget 2026–27 is currently under formulation to enhance productivity and competitiveness.
About Coconut Promotion Scheme:
What it is?
- A central sector initiative aimed at enhancing coconut productivity, quality, and value addition across major coconut-growing regions.
Announced in:
- Union Budget 2026–27, under a broader ₹350 crore allocation for high-value crops (coconut, cashew, cocoa).
Aim:
- To increase production and productivity while improving farmers’ income and global competitiveness.
Key Features:
- Replantation & Rejuvenation: Replacement of old, senile, and low-yielding coconut trees with high-yielding varieties.
- Improved Varieties: Promotion of disease-resistant and climate-resilient coconut cultivars.
- Productivity Enhancement: Focus on better agronomic practices, irrigation, and nutrient management.
- Value Addition: Encouragement for processing, branding, and export of coconut-based products.
- Farmer Support: Strengthening livelihoods of coconut farmers through targeted interventions.
- Scheme Status: Currently under formulation; State/UT-wise fund allocation yet to be finalized.
India and coconut production stats:
| Parameter | Data |
| Global Rank | 1st (Largest producer globally) |
| Share in Global Production | 30.37% |
| Area under Cultivation (India) | 2165.20 thousand hectares |
| Global Area | ~12390 thousand hectares |
| Annual Production | 21373.62 million nuts |
| Average Productivity | 9871 nuts/hectare |
| Livelihood Dependence | ~30 million people (including ~10 million farmers) |
