Tea Board announces special auction to celebrate international tea day
Tea Board has announced that a special auction will be conducted in different auction centres in the country to celebrate the first International Tea Day (ITD) and some proceeds from this are likely to be contributed to relief funds, especially at this trying time when the nation is fighting against Covid-19.
This follows the United Nations General Assembly designating May 21 as ITD based on the proposal put forth by the Government of India at the session of the Intergovernmental Group on Tea.
Sri Lankan pepper harvest worries Indian growers
The start of Sri Lankan pepper harvest season has put Indian growers on tenterhooks, as they fear slippage of the commodity into the domestic market.
According to traders, it is not officially permitted to sell Sri Lankan pepper into the domestic market below the MIP (minimum import price) of ₹500 per kg. However, with the harvest, the island nation is under pressure to sell the commodity in the wake of a price drop to $3000 per tonne from $4000 for 550 gl pepper.
Kishore Shamji of Kishor Spices said that there could be selling pressure from Sri Lanka for re-exports to India by export-oriented units. Due to the price drop, many extraction companies from India opt for Sri Lankan pepper. Earlier, they used to buy Vietnam pepper at $2000, when Sri Lankan price was at $4000.
Covid-19: Paswan’s office, food ministry in Krishi Bhawan sealed
Food Minister Ram Vilas Paswan’s office and part of his ministry located in Krishi Bhawan building in Central Delhi have been sealed, after an official in the Ministry of Fisheries, Animal Husbandry and Dairying was tested positive for Covid-19.
“Due to one recent corona positive case found in the Department of Animal Husbandry and Dairying, it has been decided that the Department of Food and Public Distribution office at Krishi Bhawan shall remain closed on May 19 and May 20 for intensive sanitization,” an official order said.
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