Spices Board launches Subsidy Scheme to boost production and export [ Current News (Concise) ]

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About Spices Board of India: The Spices Board is the Indian government monitoring and advertising agency for Indian spices. It’s headquarter is in Kochi. Chairman of Spices Board is Dr. Jayathilak, who is an IAS officer .

  • At its headquarters in Kochi the board has a state-of-the-art testing laboratory.
  • There are also regional laboratories available at Mumbai, Chennai, Delhi, Tuticorin and Guntur.
  • The laboratories helps the Spices Board makes mandatory quality checks for spices exported from India.

About Subsidy launch:

  • Spices Board of India has launched subsidy scheme to encourage spice farming in India by offering subsidies and sensitize to farmers.

What is spice?

  • A spice is a type of dried seed, fruit, root, bark, or vegetable element.
  • It is primarily used for flavoring, coloring or preserving food.
  • Spices are renowned from herbs, which are parts of leafy green plants used for flavoring or garnish.

This scheme will provide:

  • Financial Assistance: FA will provide to farmers for cultivating and planting various spices, irrigation, mechanization, land development, soil conservation, replanting and organic farming of various spices.
  • It will also help to purchase farming equipment and irrigation tools.
  • Cardamom cultivators: Small cultivators from Kerala, Tamil Nadu will get 70,000 rupees per hectare for replanting.
  • While farmers from Karnataka will get up to 50,000 rupees a hectare. The cultivators will also get help for planting and material production.
  • Farmers will also get a subsidy of 1 lakh rupees by using it they can purchase improved cardamom curing devices.
  • They will also get 50 percent subsidy for bee-keeping boxes and Good Agricultural Practices (GAP) kits.

- Published/Last Modified on: August 3, 2015