CAPEX is working under
ADepartment of Agriculture
BDepartment of Industries
CDepartment of Finance
DDepartment of Rural Development
Answer:
B. Department of Industries
Read Explanation:
CAPEX:
- Kerala State Cashew Workers Apex industrial Co-operative Society Ltd
- Year : 9-8-1984
- Headquarters : Kollam
Other Functions:
- It is the federation of primary cashew workers industrial Co-operative Society in the state (Two Tier structure)
- Its object is to organise the cashew industry in the state and procurement and distribution of raw cashewnut and marketing of processed products
- The society undertake procurement of raw cashewnut and supply it to affiliated societies.
- It also undertakes export of processed cashew
Note:
- CAPEX is working under Department of Industries.
- Managing committee consists of 9 members.
- MD is the chief executive.
- CAPEX aims to provide maximum number of working days to cashew workers as a Government Assistance Program.
- More than 90% of workers in CAPEX are women and belongs to backward classes.
- CAPEX is the only one co-operative entity engaged in the cashew processing sector in Kerala