Sep. 14, 2019
The Rs 3,000-crore Cashew industry in the coastal districts is facing a severe crisis with
its labour force staring at a bleak future.
Mangaluru, hailed as the country’s cashew capital, has already begun witnessing seasonal
employment and underemployment in cashew industries.
India’s economic slowdown, steep taxes and market saturation are posing a threat to the very
survival of the cashew industry.
In the last few months, as many as 900 cashew industries have closed down in Kerala and
nearly 25 to 30 cashew industries in the coastal districts are on the verge of closure, sources in
KCMA told DH.
Former president of KCMA G Giridhar Prabhu said, that the Centre must redress the grievance
and revive the industries.
and Customs to ensure smooth clearance of imported raw cashew nuts at New Mangalore Port
(more than 250 consignments are imported every month) has drawn no response so far.
“Customs authorities are not accepting the value of products declared by the importers and are
arbitrarily xing the price for import of raw cashew nut in shells,” Uttara Kannada MP
Anantkumar Hegde mentioned in a letter submitted to Minister of State for Finance Anurag
Thakur recently.
Information under Right to Information revealed that value of many B/Es (Bill of Entries on
imported articles) were reassessed and increased in price by almost 70 to 80% by custom
ofcials.
“Sometimes B/E penalty (for delay in ling bills of entries) was higher than cargo value itself,
resulting in dumping of cargo,” sources added.
But such a practice is not followed in other ports like Thoothukudi, Mundra and
Visakhapatnam port which handle ve times more volume than Mangalore port, informs
Giridhar Prabhu.
Reporters
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