Chamraj green tea fetches record ₹527 per kg in Kochi auctions
Chamraj Green Tea FOP (Supreme) has released a record price of ₹527 per kg at the Cochin Tea Auction this week.
The tea was produced by Chamraj Tea Estate, owned by United Nilgiri Tea Estate Company Ltd, and auctioned by Forbes Ewart & Figgis (P) Ltd and bought by Blue Fox Agencies, Kottayam. This price could be the highest price quoted for green tea this season.
Tackling price rise: Nafed to set up special facility in Delhi to store onions, apples
In order to create a buffer stock for onions and apples, which will help the farmers and stabilise prices, Nafed is setting up a 10,000-tonne capacity, temperature-controlled warehouse for long-term storage of agriculture produce on a BOT (Build, Operate and Transfer) basis.
Infam moves court seeking MSP for rubber
The Indian Farmers’ Movement (Infam) has filed an interlocutory application before the Kerala High Court seeking to direct the Commerce Ministry to announce a minimum support price for rubber based on the recommendations of the Rubber Board.
In the petition, Joseph Kavanadiyil, general secretary, Infam, submitted that the Task Force on Rubber Sector had recommended the inclusion of natural rubber as an agricultural produce and for its inclusion under MSP policy. The Commerce Ministry in principle accepted the recommendations and issued a letter to the Agriculture Ministry seeking their comments.