Price of small cardamom showing fluctuating trend during past 3 yrs

Price of small cardamom showing fluctuating trend during past 3 yrs

Agency News

New Delhi, Feb 10: The price of small cardamom has been showing fluctuating trend during the last three years, official sources said.

During the current year, the price has shown increasing trend in the domestic market.

However, the price of large cardamom has been showing a declining trend in the domestic market from the year 2015-16 onwards.

Production of Cardamom(small) in 2015-16 was 23,890 tonnes, 17,990 tonnes in 2016-17 and 20,650 tonnes in 2017-18, official sources said.

Production of Cardamom(large) in 2015-16 was 5,315 tonnes, 5,570 tonnes in 2016-17 and 5,905 tonnes in 2017-18.

The Centre, through Spices Board, has been implementing various programmes and schemes under the Integrated Scheme for Export Promotion and Quality Improvement in Spices, and, Research and Development of Cardamom to increase the income of cardamom farmers.

Schemes include, increasing production and productivity of cardamom through production of quality planting materials in the growers field, replanting of old, senile and uneconomic gardens, new planting of cardamom (large) in Arunachal Pradesh and Nagaland, assistance for farm mechanisation to address the labour problem and to reduce the cost of production.

Supply of Good Agricultural Practice (GAP) kits to cardamom (small) growers to improve the quality of cardamom to get higher price for growers, promotional measures to increase the domestic consumption of cardamom, aggregation of farmers by promoting the formation of Spices Producer Societies for common processing and value addition are some of the other measures.

Direct marketing for better price realisation, setting up of e-auction centres for cardamom(small) to ensure transparency and better price for cardamom to the growers were among the steps taken by the government.

To protect the interest of domestic cardamom industry and to control the import of inferior quality cardamom from other origins, the Government had fixed the Minimum Import Price (MIP) of Cardamom at Rs 500 per kg as there was drastic fall in the price of cardamom (small).

Measures taken by the Government to boost export of cardamom and other spices include development of infrastructure for common processing facilities in Spices Parks, adoption of Hi-Tech in spice processing , technology and process upgradation, setting-up and up-gradation of in-house quality evaluation labs.

The government has also undertaken study of markets abroad, product development and research, pre-export analytical tests for meeting the quality specifications of consumer countries, assistance to farmers for post-harvest quality improvement in spices, trade promotion activities including participation in international fairs, promotion of Indian spice brands, conducting training programmes for the stakeholders in Good Agricultural Practices. (UNI)