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Spices industry holds the key to steer India’s agri exports: Goyal

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Piyush Goyal, Union Minister of Commerce and Business, has urged the Indian spices industry to attempt to make the spices sector the flag bearers of Indian exports and concentration on producing distinctive Indian spice models globally.

He was inaugurating the coral jubilee celebrations of the Spices Board as a result of a hybrid meeting.

The Minister congratulated the spices farmers and exporters citing “in these demanding pandemic situations, the earth took be aware of the age-previous and time-tested techniques of Ayurveda that included the use of spices in medicinal concoctions and our spices farmers and exporters ought to have applause for their contributions”.

Goyal formally unveiled the postal stamp to mark the coral jubilee celebrations and also introduced the climate-centered insurance scheme for tiny cardamom.

Even though launching the insurance plan, the Minister suggested extending very similar strategies to crops across India. While emphasizing on the want for making certain meals protection and top quality, he identified as for collective attempts of all the stakeholders to just take the goodness of intrinsic Indian spices this kind of as Kashmir Saffron, Naga Chilli, Lakadong Turmeric and UP’s Kalonji to intercontinental markets.

The Minister appreciated the Spices Board for its proactive interventions while doing the job with all classes of stakeholders, trade promotion and regulatory bodies of importing nations and inter-governmental corporations which has propelled the Indian spice business to reach $ 4-billion mark.

Afterwards in a live interaction with spice farmers and exporters, the Mminister certain continuous help of the Governing administration for even further improvement of the sector. 

A G Thankappan, Chairman, Spices Board presided in excess of the function.

D Sathiyan, Secretary, Spices Board pointed out that “the coral a long time celebration of Spices Board will come at the juncture when spices exports have surpassed $4.18 billion. “I can proudly say that exports of spices have come a extensive way and have surged to this landmark in 2020-21 from $ 229 million in 1987”.

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February 27, 2022

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