The Indian Cashew Industry Federation in a letter to the Central Government said about 15,000 tons of cashew nuts worth 900,000 rupees were trapped in various processing stages at factories across India due to gender restrictions. severely. The letter noted that although food processing was declared an essential industry, many state governments did not permit the operation of cashew processing units.
KOCHI: This delayed authorization by different state governments in the operation of processing units led to cashew accumulation at various stages of production across the country, causing great damage to branch.
This is also a cause of damage, if cashews are not properly preserved. RK Bhoodes, former president of India Cashew Export Promotion Council (CEPCI), said we are ready to implement social standards and social hygiene.
India is losing to competitors like Vietnam due to this disruption. He said that it will be difficult to regain the market once we lose it in front of our competitors.
CEPCI has written to the Kerala State government to allow processors to continue operating, citing that the state of Tamil Nadu has allowed its cashew units to operate. Units in Kerala were faced with shutdowns and bad debts. Only about 150 units are operating out of about 800 units in the Kollam cashew center
We have asked the Prime Minister to grant a one-year suspension of bank loans to NPA-list industries, Mr. K. Rajesh, according to the Cashew Industry Protection Council. The Indian cashew industry meets more than half of the raw cashew demand for processing from West African countries such as Ivory Coast, Ghana and Nigeria, where the harvest is taking place.
According to The Economic
