Covid-19 pushes coffee sector further into fiscal woes

The disaster brought on by the novel coronavirus (Covid-19) outbreak has aggravated the woes of the Indian espresso sector, which has been reeling less than the affect of multi-year fall in price ranges and the transforming local climate patterns.

The United Planters Affiliation of South India (UPASI), the apex planters’ body, has urged the Centre to right away intervene and rescue the espresso sector stakeholders with a aid deal on the traces of Special Coffee Expression Financial loan (SCTL) furnished in 2004.

Financial loan reimbursement

It has also advised limited-expression actions this kind of as extending interest subvention and rescheduling

Read More