The Government has decided to import coconut with immediate effect.
Government sources said that the programme will be launched through the Trade Ministry. A study will be undertaken within the next two days to determine countries suitable to make imports. Accordingly, the Government’s intention is to import sufficient stocks in time for the festive season. The Government expects to bring down the prices with the import. It has drawn dire attention to persons who are stocking large quantities of coconut and attempting to create an artificial shortage.