The Spices Board of India has launched “Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development” (SPICED) scheme.
- It is a transformative scheme aimed at significantly enhancing the export of spices and value-added spice products as well as improving the productivity of cardamom and upgrading the post-harvest quality of spices for exports.
- Various programmes rolled out under the SPICED scheme will be implemented during the remaining period of the 15th Finance Commission cycle, till FY 2025-26, with a total approved outlay of ₹422.30 crore.
- The SPICED scheme is expected to facilitate value-addition and to drive innovation and sustainability in the spice sector by introducing new sub-components like the Mission Value Addition, Mission Clean and Safe Spices, promotion of GI spices, support for entrepreneurship through Spice Incubation Centres, etc.