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Govt plans to scrap 80-year-old Coffee Act, bring Bill to promote industry
Bill to be introduced in ongoing Parliament session, aims to modernise functioning of Coffee Board, promote exports and support development of domestic market
Coffee prices set to rise in short term amid supply chain disruptions
Demand continues to remain high, as harvesting and shipping issues hamper supplies
India sees 7.36% drop in coffee exports to 350,000 tonnes in 2018
As per the Board's latest data, the country exported 350,280 tonnes of coffee in 2018 calendar year, lower than 378,119 tonnes in the previous year
India's coffee exports up 18.15% in April-August
India shipped 1,38,479 tonnes of coffee in the April-August period of 2015-16 financial year