Vatanbir

Main Menu

  • Home
  • Transport business
  • Transport corporation
  • Transport industry
  • Tank transport
  • Transport lending

Vatanbir

Header Banner

Vatanbir

  • Home
  • Transport business
  • Transport corporation
  • Transport industry
  • Tank transport
  • Transport lending
Transport industry
Home›Transport industry›coffee: coffee exporters worried about rising freight rates

coffee: coffee exporters worried about rising freight rates

By Linda Glidden
September 20, 2021
0
0


BENGALURU: In an interactive session between Union Trade and Industry Minister Piyush Goyal and coffee producers, roasters and exporters on Saturday, several coffee exporters expressed concerns over the increase international freight rates.

According to exporters, Indian agro-exports to several destinations have become less competitive.

“If the government does not support agricultural exporters with increased aid under the Transport and Marketing Assistance Program (TMA), India could lose many markets for agricultural exports forever to the benefit of other competing origins, “the exporters said in an official Agriculture Ministry statement. Commerce and Industry.

However, the Union Minister assured exporters that a special agricultural export assistance program for at least a year would be considered under the TMA program to overcome the current crisis.

During the meeting, the President of the Coffee Board asked the Minister to announce the restructuring of all existing loans into one term loan with a long repayment period and also to extend the new working capital with reduced interest.

In response, the minister expressed his solidarity with coffee growers in this time of distress and assured to develop a feasible package in discussion with the ministries concerned.

In order to provide better services to coffee producers, especially small producers, the minister proposed to transfer the Coffee Council from the Ministry of Commerce to the Ministry of Agriculture. It will also ensure that the benefits of all farming programs are extended to coffee farmers, the statement said.

The meeting took place at the headquarters of the Coffee Board in Bangalore.

(The one-stop destination for MSMEs, ET RISE provides news, insights and analysis on GST, exports, finance, politics, and small business management.)

To download The Economic Times news app to get daily market updates and live business news.


Related posts:

  1. Oireachtas Transport Commission urges minister to appoint mediator to help resolve issues of “pressing concern” to aviation workers
  2. Boeing showcases eco-friendly technology as industry faces pressure
  3. ABB Installation Products Brings Innovation in Conduit and Cable Support to the Global Railroad Industry | Sponsored
  4. “Girls Can Do Anything” – CBS Denver

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • January 2020
  • December 2019
  • November 2019

Recent Posts

  • Taliban signs deal with UAE’s GAAC to manage Afghan airports
  • Recent Business Overview of the Global Resuscitators and Transport Ventilators Market 2022-2029 | Heyer, Acutronic, Hamilton Medical
  • Logistics Industry AGV Market Size, Trends and Forecast to 2029
  • Russia-Ukraine war news: World leaders accuse Russia of inciting food crisis
  • swargate: 45 minutes to cross 200m near the Swargate bus stop | Pune News

Categories

  • Tank transport
  • Transport business
  • Transport corporation
  • Transport industry
  • Transport lending
  • Privacy Policy
  • Terms and Conditions