Block chain based coffee E-Marketplace - Latest Current Affairs for Competitive Exams

Question:What is India’s position in Coffee (Green) production?
(a) Eighth
(b) Seventh
(c) Third
(d) Second
Answer: (a)
Related facts:

On 28th March, 2019, Commerce Secretary, Dr. Anup Wadhawan, launched block chain based coffee e-marketplace through video-conferencing in New Delhi.
The share of farmers in the final returns from coffee is very meager. The block chain will also reduce the number of layers between coffee growers and buyers and help farmers double their income.
The project was activated simultaneously by Mr. Jose Daustersette, Executive Director, International coffee Organization’s (ICO) from Nairobi, Kenya.
Block chain based market place App for trading of Indian coffees is intended to bring in Transparency in the trade of Indian coffee, maintain the traceability of Indian coffee from bean to cup so as the consumer tastes real Indian coffee and the grower is paid fairly for his coffee produced.

This initiative will help in creating a brand image for Indian coffee through traceability in finding right coffee suppliers for exporters and within the stipulated time to meet the growing demands and will help in building long term partnership.
Coffee Board is collaborating with M/s Eka Plus, one of the global leaders in Digital Commodity Management platforms for Agriculture for development of Blockchain based marketplace application.
The stakeholder like coffee farmers, traders, coffee curers, exporters, rosters, importers and retailers register on the platform to make trade transactions.