ARTICALS 1 #cashew

KCB was established by the government as a Special Purpose Vehicle (SPV) with the main objective of procuring raw cashew nuts from within and outside India and making them available to various cashew processing units in the State.

The project’s main interventions include technical training in production, strengthening of cooperators, improved cashew processing, access to financing, and sectoral policy.

According to processors, despite the government order (GO), most banks have refused to implement the scheme that was announced in 2019

With a total outlay of ₹92.36 crore, budgetary allocations for the crisis-hit cashew centre has evoked mixed response from stakeholders. While the public sector finds the Budget supportive, private processors are highly apprehensive about its provisions.

India Cashew Nut Imports In 2024, purchases abroad of cashew nuts decreased by -5.8% to 1.1M tons, falling for the second year in a row after three years of growth. In general, total imports indicated a perceptible increase from 2014 to 2024