Indian government to establish development agency in Kashmir to boost saffron exports
The Dollar Business Saffron is the most expensive spice in the world and is in great demand in the Middle East and Southeast Asia for its culinary and medicinal uses India’s Ministry of Commerce has approved the formation of the Saffron Production & Export Development Agency (SPEDA) to help boost development and promotion of saffron from India. Currently, saffron is counted among other spices in India and falls under the purview of the Spices Board of India. The move to set up an exclusive agency for saffron is expected to address numerous challenges that saffron farmers and exporters face in the valley, which is the main producing region of saffron in India. “The project will benefit all saffron farmers of ...
