Though the Indian raw cashew market is struggling around Rs70/Kilo, the Government of Goa has come to the rescue of local cashew farmers by announcing a statutory minimum price. The statutory support price in Goa will be Rs90/Kilo ($1.756/Kilo) and this will come in to effect from 1 April, 2012. This news is already causing excitements in Goa and Maharashtra and  may spread sensation in the Indian raw cashew as well as global cashew kernel markets.

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