Coconuts, an essential ingredient in Goan cooking, will be sold at a subsidised price to LPG card holders in Goa, Agriculture Minister Vijay Sardesai said on Friday.

This would be done in order to beat the rising prices of the nut in the open market, Sardesai said.

"Coconuts have become expensive. Goans need coconuts. One family needs one coconut per day. The Goa government has decided that one quality coconut will be sold to every family for Rs 20," Sardesai said.

He was speaking at a Republic Day function in Margao town in South Goa district, 35 km from Panaji.

Prices of coconut have increased by at least 50 per cent over the last few weeks, with an average-sized coconut selling for about Rs 40-45.

"I have spoken to Chief Minister (Manohar Parrikar). The coconuts will be allotted using the LPG card and distributed from horticulture (Goa Horticulture Department) carts," Sardesai said.

"We will provide 30 coconuts per family per month at Rs 20. The government will intervene to ensure that the price of coconuts is controlled," the Minister added.