The latest information on coffee producing areas in India A new version of the Coffee Act will be introduced to promote the development of the coffee industry.

India's current Coffee Act was promulgated in 1942, and many of its provisions have become obstacles to coffee trade because they are not applicable to today's situation.

Indian Commerce Minister Piyush Goyal discussed issues during interactions with coffee growers, roasters, exporters and other stakeholders at the headquarters of the Bangalore Coffee Council, Indian news website Republic World reported on Sept. 19.

Bank notices under the Financial Asset Securitization and Reconstruction and Enforcement of Security interests Act (sarfaesi act) have deepened concerns among many coffee growers about the loss of land. The Indian Ministry of Commerce also said on September 18 that the government will re-examine the Coffee Act, actively discuss relevant issues and find appropriate solutions as soon as possible, so as to formulate a bill that meets the current needs of the Indian coffee industry and can promote growth.

According to India Infoline, the Indian Internet brokerage media, Indian Commerce Minister Piush Goyar made achievements in interactive discussions with coffee growers, roasters, exporters and other stakeholders at the headquarters of the Coffee Council in Bangalore, in addition to simplifying the current "coffee law" and addressing coffee growers' concerns about the loss of land.

Exporters seek reduction of freight charges

Today, India's domestic exporters are worried about the shortage of containers and rising international freight rates, making India's agricultural exports uncompetitive, and exporters hope to seek more assistance under the Transport and Marketing Assistance Program (Transport and Marketing Assistance Scheme, TMA). Pius Goyar assured exporters that, under TMA, a special programme to assist agricultural exports for at least a year would be considered to tide over the current crisis.

Solve the threat of coffee stem borer disease

Knowing from the coffee growers the seriousness of the damage caused by the white stem borer to coffee, and taking into account the fact that the resources of the research department under the Coffee Commission were limited, Piuszgoyar assured the growers that a request would be made to the Ministry of Agriculture and the Indian Agricultural Research Council (ICAR) to initiate advanced research on the coffee white stem borer.

The Coffee Committee urges restructuring of loan terms

The Chairman of the Coffee Committee urged Pius Goyar to announce the restructuring of all existing loans into a single term loan with a longer repayment period and to expand new liquidity at soft interest rates. They want to cut interest rates to 3% a year and provide repayment facilities for two years.

Piushi Goyar expressed solidarity with coffee growers in this period of crisis and promised to work out feasible plans in discussions with relevant ministries.

The new Coffee Law will be introduced in October

Federal Commerce Minister Piyush Goyal announced that a new coffee bill is expected to be introduced in October in response to growers' demands for a full revision of plantation regulations, the Hindu newspaper The Hindu reported on September 22nd.

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