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.
90% workers in private sector
“The crisis-ridden industry had to face another blow in the form of COVID-19 and we were expecting a comprehensive revival package benefiting the industry as a whole. More than 90% of skilled labourers working in the sector are attached to private…