India launches Weather-based Crop Insurance Scheme for cardamom growers

Whole Cardamom

India

Published Feb 28, 2022

Tridge summary

Officials from the Spices Board stated Idukki will be prioritized for the Weather-Based Insurance plan. The project will cover around 2,500 hectares of cardamom grown land, and small-scale farmers in the district will profit from the trial scheme from 2021 to 2026.

Original content

On Saturday, Commerce Minister Piyush Goyal launched a Weather-based Crop Insurance Scheme for cardamom growers in the Western Ghats. The Minister announced this programme in conjunction with the Spices Board's Coral Jubilee celebrations. The Minister then held a meeting with growers and exporters to discuss the scheme. BVR Subramanyam, Secretary, Ministry of Commerce and Industry, delivered the special address. AG Thankappan, Chairman, Spices Board delivered the presidential address in the presence of D Sathiyan, Secretary, Spices Board, and Malaai Kumar Poddar, Managing Director and Chairman, Agricultural Insurance Company. The minister emphasized the importance of ensuring food safety and quality, and he urged all stakeholders to work together to bring the goodness of indigenous Indian spices such as Kashmir Saffron, Naga Chilli, Lakadong Turmeric, and UP's Kalonji to foreign markets. Tea Board disburses a certain amount of subsidy to growers, manufacturers, and scheduled ...

Source: Krishi Jagran

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