DGFT suspends Licence to export cashew kernels against import of shelled ones.

Move will help small and medium cashew processors, feels industry The Directorate General of Foreign Trade (DGFT) has issued a notice dated January 1, suspending the ad hoc norms approved in July 2018 for the export of cashew kernels (whole and pieces) against the import of shelled cashew kernels. Terming it as a ‘new year gift’ by the government to the domestic cashew industry, Subraya Pai, President of the Karnataka Cashew Manufacturers’ Association (KCMA), told BusinessLine that the DGFT’s notice suspending the ad hoc input-output norm to import ‘Broma’ kernels (shelled and unpeeled) will help small […]

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