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        Case ID :

        New Commodity Board

        May 14, 2012

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        Press Information Bureau

        Government of India

        Ministry of Commerce & Industry

        14-May-2012 17:09 IST

        A proposal to form a Cashew Board by merging the activities of Cashew Export Promotion Council of India (CEPCI) under the Ministry of Commerce & Industry and Cashew Division of the Directorate of Cashew and Cocoa Development (DCCD) of the Ministry of Agriculture is planned. The Planning Commission in this connection had held two meetings on 9th December, 2009 and 14th June, 2011 with the Department of Commerce and the Ministry of Agriculture.  Presently, a draft Note in the form of EFC is under preparation of this Ministry for seeking approval of the Expenditure Finance Committee of the Ministry of Finance and the Project Appraisal & Management Committee of the Planning Commission.

        Presently, there is no Commodity Board to look after the cashew industry.  However, the Directorate of Cocoa & Cashewnut Development (DCCD) under the Ministry of Agriculture, looks after production related activities whereas the Cashew Export Promotion Council of India (CEPCI) sponsored by the Department of Commerce, looks after the export related activities of the cashew industry.

        Under the Plan scheme in the XI Five Year Plan, the Cashew Export Promotion Council of India was provided an assistance of Rs.9.02 crore for upgrading processing facilities. In addition, the Ministry of Commerce & Industry has put in place various schemes namely Market Development Assistance (MDA), Market Assistance Initiative (MAI), Assistance to State for Development Export infrastructure and Allied Activities (ASIDE), Vishesh Krishi and Gram Upaj Yojana, Focus Product Scheme, Focus Market Scheme, Town of Export Excellence etc. to boost export of agri products which includes cashew industry also.   The foreign exchange earned from export of cashew and allied products during the last three years are given below:-

          

        CASHEW KERNEL

        CASHEWNUT SHELL LIQUID

        TOTAL (CK+CNSL)

        YEAR

        Qty

        Value

         

        Qty

        Value

         

        Qty

        Value

         

         

        (M.T)

        (Rs.Crs)

         

        (M.T)

        (Rs.Crs)

         

        (M.T)

        (Rs.Crs)

         

        2008-09

        109522

        2988.40

         

        9099

        26.06

         

        118621

        3014.46

         

        2009-10*

        117991

        2801.60

         

        11227

        27.62

         

        129218

        2829.22

         

        2010-11*

        91559

        2598.15

         

        11364

        31.85

         

        102923

        2630.00

         

        Source : CEPCI, * : Various Custom Houses

         

         

         

         

        This information was given by Shri Jyotiradiya M. Scindia,  Minister of State for Commerce & Industry   in written reply to a question in  Lok  Sabha today.

        DS/GK

        Cashew board formation proposed to merge production and export agencies, seeking central financial and project appraisal clearance. A proposal to constitute a Cashew Board by merging the Cashew Export Promotion Council and the Directorate of Cocoa & Cashewnut Development aims to consolidate production and export oversight; a draft financial clearance note is being prepared for central project and expenditure appraisal. The release notes current functional division between production and export agencies, lists existing assistance and export-promotion schemes supporting processing and market development, and provides recent export quantity and value figures for cashew products as context for the reorganisation.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Cashew board formation proposed to merge production and export agencies, seeking central financial and project appraisal clearance.

                                A proposal to constitute a Cashew Board by merging the Cashew Export Promotion Council and the Directorate of Cocoa & Cashewnut Development aims to consolidate production and export oversight; a draft financial clearance note is being prepared for central project and expenditure appraisal. The release notes current functional division between production and export agencies, lists existing assistance and export-promotion schemes supporting processing and market development, and provides recent export quantity and value figures for cashew products as context for the reorganisation.





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