Friday, January 22, 2010

Spices Board will spend 300 crores on subsidies

Thodupuzha 21-Jan-2010
Spices board will spend 200 crores in subsidies in the state of Kerala, said Sri V J Kurien, Chairman of Spices board, while inaugurating the seminar on spices conducted as part of the Karshikamela. 120 crores will be spend for pepper, 50 for cardamom and 30 for other spices. Three crores will be distributed within the next two month he said. 1200 tons of cardamom was exported in 2009. In 2008 it was only 300 tons. He also said that spices board is planning to bring in rice stability by increasing the production of spices in the state. He also gave elaborate details of the spices park being opened in Puttadi in Idukki district.

Pepper and nutmeg is predicted to have a bright future, said Dr. P A Mathew, principal scientist, Indian institute of spices research. Speaking on the occasion, Sri. B Sasikumar, deputy director, Kochi trade information service, said pepper production in India has gone down and Vietnam has made massive progress in pepper production. He said that Indian pepper is comparatively of better quality and we can compete only by increasing the production. He also mentioned that the spices park in Puttadi will have storage facility for spices and farmers can decide when to sell it considering the market situation and prices. Initially they will be given 80% of the current market price and when the actual selling occurs, the price will be adjusted accordingly.

The seminar was presided over by Sri M C Mathew, chairman, Thodupuzha residents association. Sri K N Murali said the welcome address. Sri Vakkachan Mattathil, ex MP, Sri K N Murali, District Panchayat member and Sri Varkey Mankootam, chairman, circle cooperative union also delivered speeches.

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