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SPICED Scheme 2025-26: Spices Board Aid for Export

23 May 20251 min read
GOVERNMENT SCHEMESSPICED Scheme2025-26: SpicesBoard Aid forExport23 May 2025safalsetu.com

Why in the news

The Spices Board offered financial help across the spice chain for sustainability, quality and exports.

Key facts

  • SPICED: Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development.
  • Aims: cardamom productivity, modern post-harvest methods, organic, GI-tagged and value-added spices, global safety standards, and exports by first-time exporters and MSMEs.
  • Applications open May 26, 2025.

Components

  • Farmers/FPOs: replanting, irrigation, organic farming and GAP, equipment such as polishers, turmeric boilers, mint distillation units, threshers, dryers and dehullers.
  • Exporters: trade fairs, buyer-seller meets and market links.

Significance

  • Backs smallholders, value addition and climate-smart exports.

Exam angle

  • Body: Spices Board of India.

Test yourself

1. Which body launched the SPICED scheme for 2025-26?

The Spices Board of India introduced SPICED.

2. What is the last date for farmers and FPOs to apply for SPICED development components?

Farmers and FPOs can apply until September 30, 2025; exporters until June 30.

3. Which crop's productivity does SPICED specifically aim to boost, in small and large varieties?

The scheme targets small and large cardamom productivity.

This topic is part of Daily Current Affairs 23 May 2025 (13 topics).

All topics of the dayDay quizMay 2025

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