Home » Commerce and Industry » Spices Board organizes a virtual BSM for the turmeric

Spices Board organizes a virtual BSM for the turmeric

With the approaching harvest season of the golden spice, turmeric, Spices Board conducted a virtual Buyer Seller Meet(BSM) to strengthen market linkages and promoting exports. A total of 122 participants were part of this interactive event. The BSM aimed at giving accessibility to farmers and farmer producer groups for better price realization for their produce.

The immunity boosting properties of turmeric have played a key role in boosting the demand of the spice during the COVID 19 pandemic situation, which in turn contributed to a significant growth of 42 per cent in quantity (99,000 MT) and 35 per cent in value

(Rs. 85,810 lakhs)of turmeric exports during the first half of the current financial year (April-September 2020).

Inaugurating the BSM, Shri Arvind Dharmapuri, Hon’ble MP Nizamabad, observed that the region is known for cultivation of turmeric and there is scope for enhancing exports from the region by focusing on processing and value addition in the crop as the spice is known for its health properties. He also suggested that guidance may be given to farmers for improving the quality of turmeric.

Turmeric is mainly grown in Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Kerala,Maharashtra, Odisha, West Bengal and the North Eastern states. Telangana is the largest producer of the spice in the country in which four districts viz. Nizamabad, Karimnagar, Warangal and Adilabad account for around 90 per cent of the production of turmeric in the State.

Apart from giving extension support, conducting activities for post harvest improvement and export promotion, and bringing together stakeholders on synergistic platforms, Spices Board has constituted a Turmeric Task Force Committee (TTFC) to augment collaborative efforts by various stakeholders for effectively tapping the full commercial prospects of Turmeric. The Committee has conducted three meetings so far and has addressed issues on purity of seed material, post harvest practices and so on for assuring clean and quality spices from the region


About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

Measures taken by Government to boost exports

The Government has taken the following measures to boost exports and reduce trade deficit: Foreign ...

Indian Footwear and Leather Development Programme (IFLDP)

Central Government on 19th January 2022, has approved the continuation of Central Sector Scheme ‘Indian ...

Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups create over 8.6 lakh direct jobs since the launch of Startup India

Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups have self-reported creation of over ...

Initiatives taken by Department of Promotion of Industry and Internal Trade (DPIIT) to speed up patent applications and eliminate pendency

The Department has taken various initiatives to expedite the process of patent applications and eliminate ...

‘Make in India 2.0’ focuses on 27 sectors

‘Make in India’ is an initiative which was launched on 25th September, 2014 to facilitate investment, ...

WPI based inflation is 5.85% (Provisional) for November, 2022 (over November, 2021) against 8.39% recorded in October, 2022

The annual rate of inflation based on all India Wholesale  Index (WPI) number is 5.85% ...

Export of total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22, registering a positive growth of 35.9%

Export of total number of automobiles increased from 41,34,047 in 2020-21 to 56,17,246 in 2021-22, ...

Sustained Government efforts result in increasing the number of recognized Startups from 452 in 2016 to 84,012 in 2022

Sustained Government efforts in this direction have resulted in increasing the   number of recognized Startups ...

Department for Promotion of Industry and Internal Trade (DPIIT) recognizes 59,787 entities as startups in the last 5 years

In the last five years (years 2017, 2018, 2019, 2020 and 2021) 59,787 entities were ...

Centre’s reforms result in consistent increase of FDI inflow; FDI grows from US $ 45.15 billion in 2014-2015 to US$ 84.84 billion in 2021-22

The reforms taken by Government have resulted in increased Foreign Direct Investment (FDI) inflows in ...

WP2Social Auto Publish Powered By : XYZScripts.com