India: The 2026–2027 state budget of Kerala allocates approximately 17.1 million USD for the cashew industry.

Source: thehindu.com The Kerala state budget for the fiscal year 2026-2027 has allocated a total of 142 crore rupees (approximately 17.1 million USD) for the cashew industry. Of this, 56 crore rupees (approximately 6.7 million USD) is earmarked to promote the mechanization and modernization of cashew processing plants. This funding will also serve to upgrade the marketing system, develop new high-value cashew products, and expand cashew planting areas to ensure a low-cost raw material supply for domestic processing facilities. To address the shortage of raw cashew nuts (RCN), the budget has allocated 41 crore rupees (approximately 4.9 million USD) as a revolving fund for the Kerala Cashew Board (KCB) to ensure the continuous distribution of raw materials to public sector processing plants. Additionally, the budget provides specific financial support to key agencies, including 4.5 crore rupees (approximately 0.54 million USD) for the Kerala Cashew Development Corporation, 3.5 crore ...