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SPICED PLAN
Home
Current Affairs
SPICED PLAN
Why in the news?
Recently the Spices Board of India launched the SPICED scheme.
Its full name is "Sustainability in Spices Sector through Progressive, Innovative and Collaborative Interventions for Export Development".
A total budget of Rs 422.30 crore has been released for this.
Objectives
To improve productivity of cardamom
To enhance the quality of spices for export
To enhance the export of spices and value added spice products
Spices Board of India
It is an organization for the development, promotion and propagation of Indian spices.
It acts as an organization between Indian exporters and foreign importers.
Formation – Year 1987
Headquarters – Kochi (Kerala)
Functions –
Issuing certificate of registration as exporter of spices
Initiating programs and projects to promote the export of spices
Establishing spice parks
Improving infrastructure in processing of spices
To assist and encourage the study and research of medicinal properties of spices
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