Coconut Promotion Scheme Context: The Union Budget 2026–27 introduced a ‘Coconut Promotion Scheme’ aimed at revitalising the coconut sector in India. Objective of the Scheme Enhance productivity by: Rejuvenating aged and low-yielding coconut plantations with superior, high-yield varieties. Promoting fresh plantations, particularly in coastal regions. The initiative seeks to modernise cultivation practices and boost farmers’ incomes. Coconut Production in India India ranks as the largest producer and consumer of coconuts globally. Coconut is a perennial plantation crop. It is a monocotyledonous palm belonging to the family Arecaceae. The crop is believed to have originated in the Indo-Pacific region, particularly Southeast Asia. Grows well in: Sandy loam soils, Alluvial soils, Laterite soils, Coastal sandy soils. Pink National Common Mobility Card The ‘Pink National Common Mobility Card’ initiative has been launched with the aim of providing free bus travel to women in the national capital and seamless access to multiple public transport systems through a single smart card.
