Mixed response in cashew sector

Mixed response in cashew sector
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While public sector welcomes measures, private processors say they got a raw deal
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While public sector welcomes measures, private processors say they got a raw deal
Kerala Budget 2021 has generated mixed response from various quarters in the cashew sector with private processors complaining they were offered a raw deal.
While an outlay of ₹40 crore has been set aside for Cashew Board, ₹63 crore goes into the disbursal of gratuity arrears and ₹10.5 crore has been earmarked for the modernisation of factories run by the Kerala State Cashew Development Corporation (KSCDC) and the Kerala State Cashew Workers Apex Industrial Cooperative Society (Capex). Since maximising domestic production is an important goal, ₹5.5 crore has been sanctioned for the extension of cashew cultivation.

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