{"id":46940,"date":"2025-05-22T15:16:17","date_gmt":"2025-05-22T09:46:17","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=46940"},"modified":"2025-05-22T18:17:18","modified_gmt":"2025-05-22T12:47:18","slug":"spiced-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/spiced-scheme\/","title":{"rendered":"SPICED Scheme"},"content":{"rendered":"<h2>SPICED Scheme Latest News<\/h2>\n<p>The Spices Board recently announced the launch of the \u201cSustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development (SPICED)\u201d scheme for the financial year 2025\u201326.<\/p>\n<h2>About SPICED Scheme<\/h2>\n<ul>\n<li>Sustainability in Spice Sector through Progressive, Innovative, and Collaborative Interventions for Export Development (SPICED) is an\u00a0<strong>initiative of the Spices Board,<\/strong>\u00a0under the<strong>\u00a0Ministry of Commerce and Industry.<\/strong><\/li>\n<li>The scheme\u00a0<strong>offers financial assistance\u00a0<\/strong>across various components, aiming to enhance sustainability, foster innovation, and\u00a0<strong>promote export development<\/strong>\u00a0in the Indian spices sector.<\/li>\n<li>The scheme aims to\u00a0<strong>enhance\u00a0<\/strong>the\u00a0<strong>productivity of small and large cardamom,<\/strong>\u00a0improve the<strong>\u00a0quality of post-harvest processes,<\/strong>\u00a0and encourage the production and\u00a0<strong>export of value-added, GI-tagged, and organic spices.\u00a0<\/strong><\/li>\n<li>It is also focused on<strong>\u00a0enabling compliance with global\u00a0<\/strong>food safety and phytosanitary\u00a0<strong>standards\u00a0<\/strong>and boosting the capacity of stakeholders across the value chain.<\/li>\n<\/ul>\n<h2>SPICED Scheme Features<\/h2>\n<ul>\n<li>The scheme offers<strong>\u00a0support for<\/strong>\u00a0activities such as replanting and rejuvenation of\u00a0<strong>cardamom plantations<\/strong>, development of\u00a0<strong>water resources<\/strong>,\u00a0<strong>micro-irrigation,\u00a0<\/strong>promotion of\u00a0<strong>organic farming,<\/strong>\u00a0and expansion of good agricultural practices (GAP).\u00a0<\/li>\n<li>In addition, it\u00a0<strong>supports\u00a0<\/strong>the\u00a0<strong>installation of improved post-harvest infrastructure,\u00a0<\/strong>such as modern dryers, slicers, dehullers, and grading machines to ensure superior product quality.<\/li>\n<li>The scheme provides\u00a0<strong>financial assistance to farmers and Farmer Producer Organizations (FPOs)<\/strong>\u00a0to\u00a0<strong>procure essential post-harvest machines\u00a0<\/strong>such as spice polishers, turmeric boilers, mint distillation units, and threshing machines.<\/li>\n<li>The scheme further supports the\u00a0<strong>creation of Spice Incubation Centres<\/strong>\u00a0and\u00a0<strong>promotes entrepreneurship<\/strong>\u00a0and\u00a0<strong>product development initiatives<\/strong>\u00a0aimed at enhancing market access and branding\u00a0<strong>for startups and micro, small, and medium enterprises (MSMEs).<\/strong><\/li>\n<li>Through<strong>\u00a0capacity-building<\/strong>\u00a0efforts, including training and extension services, the scheme aims to\u00a0<strong>empower spice farmers, SHGs, and FPOs with the latest technical\u00a0<\/strong>know-how, best\u00a0<strong>practices<\/strong>, and market intelligence.<\/li>\n<li>In export development and promotion, the scheme\u00a0<strong>assists in participating in international trade fairs<\/strong>, buyer-seller meets, and<strong>\u00a0other market linkage programs.\u00a0<\/strong><\/li>\n<li>While exporters with a valid Certificate of Registration as Exporter of Spices (CRES) are eligible for assistance under these programs,\u00a0<strong>preference<\/strong>\u00a0will be given\u00a0<strong>to first-time applicants, Small and Medium Enterprises (SMEs), etc.<\/strong><\/li>\n<li><strong>Scheme activities will be geo-tagged,\u00a0<\/strong>and\u00a0<strong>fund availability, status<\/strong>\u00a0of applications under different components,\u00a0<strong>list of beneficiaries, etc., will be published\u00a0<\/strong>on the board&#8217;s website for better transparency.<\/li>\n<\/ul>\n<h2>SPICED Scheme FAQs<\/h2>\n<p><strong>Q1:<\/strong>\u00a0Which organization is responsible for implementing the SPICED scheme?<\/p>\n<p><strong>Ans:<\/strong>\u00a0It is an initiative of the Spices Board, under the Ministry of Commerce and Industry.<\/p>\n<p><strong>Q2:<\/strong>\u00a0What is the primary objective of the SPICED scheme?<\/p>\n<p><strong>Ans:<\/strong>\u00a0Enhance sustainability and promote export development in the spice sector.<\/p>\n<p><strong>Q3:<\/strong>\u00a0Which state is called the spice Garden of India?<\/p>\n<p><strong>Ans:<\/strong>\u00a0Kerala is known as the spice garden of India<\/p>\n<p><strong>Source<\/strong>:\u00a0<a href=\"https:\/\/www.thehindubusinessline.com\/economy\/agri-business\/india-unveils-spiced-scheme-to-promote-sustainable-value-added-spice-exports\/article69601220.ece\" target=\"_blank\" rel=\"nofollow noopener\">HBL<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPICED Scheme, by the Spices Board under the Ministry of Commerce and Industry, supports spice industry growth through innovation, exports, and entrepreneurship.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[21,354,22,350],"class_list":{"0":"post-46940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-upsc-prelims-current-affairs","7":"tag-prelims-pointers","8":"tag-spiced-scheme","9":"tag-upsc-current-affairs","10":"tag-upsc-prelims-current-afffairs","11":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/46940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=46940"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/46940\/revisions"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=46940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=46940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=46940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}