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To protect the interest of workers and to provide employment, benefits like minimum wages, bonus to its workers prevailing in the cashew industry the Kerala State Cashew Development Corporation Limited or KSCDC is a model employer in this field of the cashew industry.
Complete step by step solution:
The headquarters of KSCDC (Kerala State Cashew Development Corporation Limited) is located in Kollam city which is known as the ‘Cashew Capital of the World’. The company is completely owned by the Government of Kerala and it was incorporated in July 1969 and in 1971, it started its commercial activities. This corporation now has more than Rs. $2.50$ billion of turnover. Cashew Export Promotion Council of India (CEPCI) is a Central Export Promotion Council of India (CEPCI) which is situated in the city of Kollam. The Chairman of the KSCDC is S.Jayamohan, T.F.Xaviour is the Managing Director and K.Babu is the Director. There are 1500 employees working here and it provides livelihood to about 600,000 – 700,000 farmers. It has its national importance. About 10 percent of the population of the district works here out of which 95 percent are women. The numbers of cashew processing units in Kollam are more than 600. Every year, about 800,000 tonnes of raw cashews are imported for processing to Kollam. These processed cashews are exported to various countries like the United States, Netherlands, UAE, Japan, Spain, Saudi Arabia, Singapore, Germany, Italy, Australia, Egypt, Canada, Russia, Belgium, etc. Kannur is the leading producer of cashew nuts in Kerala.
Thus, option (B) is correct.
Note:
Kerala State Cashew Development Corporation Limited or KSCDC is a Public Sector Corporation.
To protect the interest of workers and to provide employment, benefits like minimum wages, bonus to its workers prevailing in the cashew industry the Kerala State Cashew Development Corporation Limited or KSCDC is a model employer in this field of the cashew industry.
Complete step by step solution:
The headquarters of KSCDC (Kerala State Cashew Development Corporation Limited) is located in Kollam city which is known as the ‘Cashew Capital of the World’. The company is completely owned by the Government of Kerala and it was incorporated in July 1969 and in 1971, it started its commercial activities. This corporation now has more than Rs. $2.50$ billion of turnover. Cashew Export Promotion Council of India (CEPCI) is a Central Export Promotion Council of India (CEPCI) which is situated in the city of Kollam. The Chairman of the KSCDC is S.Jayamohan, T.F.Xaviour is the Managing Director and K.Babu is the Director. There are 1500 employees working here and it provides livelihood to about 600,000 – 700,000 farmers. It has its national importance. About 10 percent of the population of the district works here out of which 95 percent are women. The numbers of cashew processing units in Kollam are more than 600. Every year, about 800,000 tonnes of raw cashews are imported for processing to Kollam. These processed cashews are exported to various countries like the United States, Netherlands, UAE, Japan, Spain, Saudi Arabia, Singapore, Germany, Italy, Australia, Egypt, Canada, Russia, Belgium, etc. Kannur is the leading producer of cashew nuts in Kerala.
Thus, option (B) is correct.
Note:
Kerala State Cashew Development Corporation Limited or KSCDC is a Public Sector Corporation.
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