SPICED Scheme

Published on 16 Apr 2025

•  The Union Ministry of Commerce and Industry has approved a Spices Board scheme.
•  SPICED stands for ‘Sustainability in the spice sector through Progressive, Innovative and Collaborative interventions for Export Development’.
• The Scheme will be implemented during the remaining term of the 15th Finance Commission, up to 2025-26.
• It is meant to expand the area under spices, especially cardamom, generating surplus for export of quality spices through post-harvest improvement. 
• The other goals are to increase the share of value-added spices in the export basket, evaluating compliance with export consignments with applicable standards of quality and safety, capacity building, and skill development of stakeholders.
• The Spice board will invite applications from exporters, farmers, farmer-producer companies, and other stakeholders in the spices sector.

Keywords:

SPICED Spices Agri marketing Agriculture e-NAM