Centre to simplify Coffee Act to promote ease of doing businesss
The government will relook at the coffee law to make it suitable as per the present needs of the sector and facilitate its growth, the commerce ministry said on Saturday.
The issue was discussed, among other things, in an interaction of Commerce Minister Piyush Goyal with coffee growers, roasters, exporters and other stakeholders at Coffee Board Head Office, Bengaluru.
Coffee growers expressed concerns over losing their lands in view of the notices issued by banks under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.
The minister assured coffee growers that the issue will be favourably discussed with other ministries concerned and a suitable solution would be found at an early date, it said.
The present Coffee Act was enacted in 1942 and has many provisions which are redundant and are impediments to the coffee trade.
“Therefore, it was decided in the meeting to completely relook…
