Union Commerce Minister Piyush Goyal on August 18 assured to a delegation of arecanut growers from Karnataka to look into their demand for increasing the minimum import price or minimum tariff value for arecanut to ₹360 a kg from ₹251 a kg.
The delegation was led by Karnataka Home Minister Araga Jnanendra, who is also chairman of Karnataka Task Force on Arecanut. The president of the Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd (CAMPCO) A. Kishore Kumar Kodgi was also part of the delegation.
According to CAMPCO, the delegation urged the Union Minister to fix the minimum trariff value of ₹360 a kg to white arecanut, or chali variety, and ₹420 a kg for red variety to maintain stability in the domestic market.
