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Production of RAW Cashew at All Time High

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..... Production of RAW Cashew at All Time High - News and Press Release Dated:- 31-7-2018 - News - The production of raw cashew nuts in India during 2017-18 has increased to all time high at 8.17 lakh metric tonneand registered growth of 4% compared to previous production of 7.79 lakh metric tonneand 21 % increase compared to 2015-16 production of 6.70 lakh metric tonne. However, due to shortag .....

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..... e of sufficient quantity of raw cashew nut and higher price for raw cashew nut in the international market, it is reported that the cashew industry is facing the prospect of a demand - supply gap, as the total requirement of raw cashew nut is estimated at 17 lakh metric tonne. With regard to steps for increasing production of raw cashew nut, Ministry of Agriculture and Farmer's Welfare unde .....

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..... r Mission for Integrated Development of Horticulture and Rashtriya Krishi Vikash Yojana has drawn up strategies to increase domestic production by massive area expansion of cashew and replacing of senile cashew plantations with high yielding varieties in traditional and non-traditional states. The details of quantum of cashew production, export and import of raw cashew in the country during the .....

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..... last five years is given below: - Production of Raw Cashew Nut Year Production of Raw Cashewnut (Lakh MT) 2013-14 7.36 2014-15 7.25 2015-16 6.70 2016-17 7.79 2017-18 .....

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..... 8.17 (Source: DCCD) India s Export and Import of CASHEW NUTS FRESH/DRIED IN SHELL (ITCHS Code 080131) Export Import Year Quantity (in Ton) Value (in Million USD) Quantity (in Ton) Value (in Million USD) 2013-14 .....

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..... 3,900.77 4.03 776334 773.81 2014-15 15,637.75 21.79 933190 1087.16 2015-16 7,014.40 11.34 961665 1339.34 2016-17 9,773.37 .....

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..... 19.45 774513 1346.58 2017-18* 5,542.90 10.34 654024 1418.63 (Source: DGCI S * Figures of 2017-18 are provisional only) This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha. - News .....

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..... - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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