Karnataka - Bangalore   

Coffee Board hails debt waiver

Bangalore: Coffee Board Chairman G.V.K. Rau and United Planters’ Association of Southern India (UPASI) secretary-general Ullas Menon have thanked Union Finance Minister P. Chidambaram for the waiver of debt of coffee growers owning two hectares of land or less and 25 per cent of loans taken by growers owning more than two hectares if they make a one-time settlement of their dues.

Mr. Rau said that the waiver and relief would benefit 13,000 coffee growers in Karnataka, Tamil Nadu and Kerala.

— Special Correspondent

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