Context:
Recently, the Government of India has established the National Turmeric Board.
Relevance:
GS II: Government Policies and Interventions
About National Turmeric Board
The establishment of a National Turmeric Board in India is a significant step towards the development and expansion of the turmeric industry in the country. Here are some key points about the National Turmeric Board and its objectives:
Objective:
- The primary objective of the National Turmeric Board is to promote the development and growth of the turmeric industry in India.
Composition:
- The Board will consist of a Chairperson appointed by the Central Government.
- It will also have members from key government departments, including the Ministry of AYUSH, Departments of Pharmaceuticals, Agriculture & Farmers Welfare, Commerce & Industry of the Union Government.
- Additionally, the Board will include rotating senior State Government representatives from three states.
Industry Significance:
- India is the world’s largest producer, consumer, and exporter of turmeric, accounting for approximately 75% of global turmeric production.
- India holds over 62% share of the turmeric world trade.
Key Producing States:
- The largest turmeric-producing states in India include Maharashtra, Telangana, Karnataka, and Tamil Nadu.
Strategic Goals:
- The National Turmeric Board has set ambitious goals, including the aspiration to increase turmeric exports to USD 1 billion by 2030.
- Achieving this target would not only benefit turmeric growers but also boost the overall Indian spice market.
Benefits:
- The establishment of the National Turmeric Board is expected to bring several benefits, including better coordination, research, and promotion of the turmeric industry.
- It can lead to increased productivity, improved quality, and enhanced global competitiveness of Indian turmeric.