SME Times News Bureau | 22 Feb, 2020
Union
Minister of State for Commerce and Industry Som Parkash here on Saturday asked
the spice farmers to double their output and urged exporters to increase trade with
other countries to help India reach the $5 trillion economy goal and become a
global powerhouse by 2024-25.
Parkash said this while addressing a function. He also presented Spices Board
trophies and awards for sustainable development of the spices sector.
"We are in discussion with all stakeholders to achieve the $5 trillion
goal. The Centre will extend all help to farmers and exporters. We will have to
work hard to make the dream come true," he said.
He stressed formation of farmers' clusters for all crops and spoke about a new
agriculture export policy for integrating farmers and farm products with the
global value chains. It would help in achieving the set goal for agriculture
exports, he added.
"India is one of the largest producers, exporters and consumers of spices.
Every state is producing spices and its value-added products come to around
900,000 tonnes a year," he said.
India produces around 180 spice products that are exported to 160 countries.
The event also played a curtain raiser for the 14th edition of World Spice
Congress, to be held in Navi Mumbai in November with the partnership of Spices
Board, spice exporters' associations and other members of spice fraternity.