A National Round Table of coconut farmers and other stakeholders in the sector has observed that the present crisis in the country’s coconut sector was mainly due to flawed policies related to trade policies and agreements that have resulted in dumping of edible oil from other countries.
The Round Table that had been organised by the Karnataka Rajya Raitha Sangha (KRRS) in Bideregudi of the State’s coconut belt of Tiptur on Saturday expressed concern over India importing edible oil like palm oil from other countries instead of taking measures to promote the healthy coconut oil being produced by its own farmers.
The Round Table observed that such indiscriminate import of edible oil was responsible for the crash in prices of coconut and its products in India.
