Exporters reckon that as framing a new foreign policy will take time, the present scheme is likely to continue. Cashew export has been declining in the last few years with the rise of Vietnam as a major exporter of the commodity.
As per the association’s analysis, the trade deficit for the plantation commodities was Rs 5,716.64 crores with RCEP countries during 2018-19 , while the overall trade surplus stood at Rs 4,368 crore.
Wages, which constitute more than 50% of cost of plantation commodities, of tea, coffee and rubber workers have increased by 7.69, 9.72 and 8.2 times respectively.
Other points flagged by United Planters Association of South India were safeguarding the rubber growers from surge in imports and increasing the allocation of funds to Commodity Boards.
FDI inflows have gone up from $17.46 million in 2014-15 to $40.55 million in 2018-19 with a cumulative investment of $191.64 million in hybrid seeds and plantation sector.
The agrarian district is known for cultivation of coffee, tea, spices and rubber, and has seen suicides by some farmers unable to repay their loans.
The rubber growers in Kerala were affected by heavy rains and floods last year.
Frustrated with the low income, the distraught farmer uprooted all brinjal plants from his field and threw them away on Sunday.
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