SPICED Scheme
Sep 26, 2024
Current Affair 1:
News:
Key Highlights of the Scheme
- 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.
- 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.
- 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
- 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.
- Acts as an international link between Indian exporters and importers abroad in the spices sector.
- Nodal Ministry: Ministry of Commerce & Industry.