2023-08-27 04:00:00
Here we see that the Kerala government is scrambling to properly distribute an OnKit. Meanwhile, a new news is coming out from France. France spends 200 million Euros (roughly Rs 17,82,29,92,656) to destroy the leftover wine produced there. The government’s new step to help the producers comes at a time when the wine industry is facing a major crisis in the country. The increase in production and demand for beer is the reason why the wine bottle has been hit on the back.
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In the major wine producing regions of Bordeaux and Lanquedoc, producers were bankrupted by the severe crisis. We produced a lot of wine and had to sell it at less than the cost of production, which is the reason for the crisis we are facing now, say officials of the Lanquedoc Wine Producing Association.
According to the AFP report, rising food and fuel prices, global energy prices and Russia’s invasion of Ukraine have all fueled the financial crisis. Alcohol from spoiled wine can be sold to companies producing cleaning products, hand sanitizers and perfumes. According to statistics from the European Commission up to June this year, consumption of wine has decreased by 7 percent in Italy, 10 percent in Spain, 15 percent in France, 22 percent in Germany, and 34 percent in Portugal.
France Is Spending 200 Million Euros To Destroy Surplus Wine
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