Business Daily from THE HINDU group of publications
Saturday, Jul 14, 2007
ePaper
Business Daily from THE HINDU group of publications Saturday, Jul 14, 2007 ePaper |
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Agri-Biz & Commodities
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Plantations Nod for import of Nepalese arecanut
Our Bureau Mangalore, July 13 The Director General of Foreign Trade (DGFT) has allowed the import of betelnut (commonly known as arecanut) of Nepalese origin through Jogbani land customs station in Bihar and Panitanki land customs station in West Bengal. In a notification dated July 10, the DGFT allowed the import of whole, split, ground and other forms of betel nuts only through Mangalore Port, and of Nepalese origin through Jogbani and Panitanki land customs stations. However, in a notification dated February 20, the DGFT had allowed the import of whole, split, ground and other forms of betel nuts only through Mangalore Port. NOT A PRODUCER!
When contacted, Mr S.R. Rangamurthy, President of the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd, told Business Line that Nepal was not an arecanut-producing country. He substantiated this by statin g that Nepal is not in the list of arecanut-producing nations in the recent database compiled by the Directorate of Arecanut and Spices Development (DASD). According to the database, India exported 219 tonnes of betelnut worth Rs 1.09 crore to Nepal during 2005-06. During the period, India imported 636 tonnes of betel nut worth Rs 1.25 crore from Nepal.
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