SPICED Scheme

Sep 26, 2024

Current Affair 1:

News:

Key Highlights of the Scheme

  1. Value Addition: Introduction of sub-components/programs such as Mission Value Addition, Mission Clean & Safe Spices, promotion of GI spices & support for entrepreneurship through Incubation Centres.
  2. Target Groups: Focus on farmers’ groups, FPOs, Farmers Clusters identified under One District One Product (ODOP) and Districts Export Hub(DEH), SC/ST community, exporters from the NE region, and SMEs.
  3. Eligibility: Exporters with a valid Certificate of Registration as Exporter of Spices (CRES) are eligible, with preference given to first-time applicants and SMEs.

About Spices Board India

  1. It is the Statutory organisation constituted in 1987 under the Spices Board Act 1986, formed by merging the Cardamom Board and Spices Export Promotion Council.
  2. Acts as an international link between Indian exporters and importers abroad in the spices sector.
  3. Nodal Ministry: Ministry of Commerce & Industry.

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