In a letter addressed to the Union Commerce Minister, secretary of the affiliation M. Ramakrishnan claimed that the cashew import foyer, affected because of the steps taken by the council in curbing fraudulent imports of completed/semi-finished kernels, was behind the transfer
The Tamil Nadu Cashew Processors and Exporters Affiliation (TNCPEA) has urged the Centre to revoke the suspension of the Cashew Export Promotion Council of India (CEPCI)’s powers to problem or renew Registration-cum-Membership Certificates for exports.
In a letter addressed to Union Minister for Commerce and Trade Piyush Goyal, the secretary of the Affiliation M. Ramakrishnan claimed that the cashew import foyer, affected because of the steps taken by the council in curbing fraudulent imports of completed/semi-finished kernels, was behind the transfer.
“The suspension of CEPCI is geared toward paralysing the council and to make sure unhindered imports of cashew kernels to the nation. The CEPCI was not even served a discover on suspension by the Directorate Common of Overseas Commerce (DGFT) and the choice is extremely detrimental to the home cashew trade,” Mr. Ramakrishnan mentioned.
The surge in fraudulent imports of completed and semi-finished cashew kernels from competing nations has paralysed the Indian cashew trade and rendered lakhs of employees employed within the trade jobless, the letter mentioned.
Mr. Ramakrishnan alleged that low high quality cashew kernels have been flooding the markets and the distinction in costs has destroyed the prospects of the home cashew trade. Consequently, real processors within the nation who discovered it tough to compete towards the low-priced kernels had been left with no different choice however to down their shutters.
The Affiliation claimed that CEPCI was vigilant towards such importers and even organized for assortment of information of imports and handed it over to the customs and Directorate of Income Intelligence (DRI). This resulted in seizure of greater than 60 import consignments.
The Union Authorities ought to revoke the suspension of CEPCI and ban all imports of completed/semi-finished kernels to guard the cashew trade, Mr. Ramakrishnan added.