Twitter
Advertisement

Rice exporters wants govt nod on SRK campaign

Upset over objections raised by the government on their Rs 21-crore proposal to launch a global Basmati promotion campaign featuring Shahrukh Khan.

Latest News
article-main
FacebookTwitterWhatsappLinkedin

NEW DELHI: Upset over objections raised by the government on their Rs 21-crore proposal to launch a global Basmati promotion campaign featuring Bollywood star Shahrukh Khan, rice exporters will present their case before "higher-ups" in the Commerce Ministry.

"I will soon seek an appointment with higher officials in the Commerce Ministry and explain how this campaign, to be launched in Europe and Middle East, is important for the country's rice growers and the industry," All India Rice Exporters' Association (AIREA) Chairman Vijay Setia said.

The AIREA along with the Agricultural and Processed Food Products Export Development Authority (APEDA) had finalised the campaign to be executed by Grey Worldwide and Crayon Advertising. It was to be financed by the Basmati Development Fund (BDF) which is created by contributions from exporters.

One of the objections raised by the government on a complaint from a Punjab-based association relates to the fact that the entire money lying with BDF would be spent on this high profile campaign.

"What is the use of keeping this money in a Fixed Deposit when we can get a definite value addition from advertising," Setia asked.

He said since the exporters are enjoying good times in the world market, they can again bring money to BDF many times over "in a matter of days".

The Rs 21-crore campaign was divided into two segments of Rs 10.50 crore each for the Middle East and Europe, which are the main markets for the Indian rice.

Setia said the BDF is being managed by representatives of the exporting community and APEDA in a "transparent manner" and AIREA would not retract from its planned campaign.

However, Delhi-based Anil Mittal of KRBL has since dissociated from AIREA alleged that the association was not protecting farmers interest. "How will farmers benefit from this expensive campaign," he asked.

The Rs 21-crore campaign was divided into two segments of Rs 10.50 crore each for the Middle East and Europe, which are the main markets for the Indian rice.

Setia said the BDF is being managed by representatives of the exporting community and APEDA in a "transparent manner" and AIREA would not retract from its planned campaign.

However, Delhi-based Anil Mittal of KRBL has since dissociated from AIREA alleged that the association was not protecting farmers interest. "How will farmers benefit from this expensive campaign," he asked.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
    Advertisement

    Live tv

    Advertisement
    Advertisement