Speaking at the annual conference of the Karnataka Planters' Association in Bangalore, he said the coffee sector had been allocated a sum of Rs 750 crore (Rs 7.5 billion) in the 11th plan (2007- 2012), up from Rs 300 crore (Rs 3 billion) in the previous plan.
Global exports of coffee in October 2019 fell by 13.4 per cent, to 8.91 million bags, compared to the same month in the previous year. A mix of factors, including unfavourable weather patterns and prolonged low international prices, have contributed to a decline in shipments across all regions. The daily price of the ICO composite rose from $102.74 cents/lb at the beginning of November to a high of $111.86 cents/lb on November 25, 2019, before closing the month at $111.77 cents/lb.
"Nari shakti" and women empowerment dominated the theme of tableaux of Kerala, Karnataka, Tamil Nadu, Maharashtra and Tripura at the Republic Day parade here on Thursday.
The Assam government has taken the initiative to pay workers their wages electronically and has asked banks to open branches adjacent to tea gardens and install ATMs in estates.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
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