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Government to set up Saffron Production & Export Development Agency

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Capital Market
Last Updated : Dec 29 2014 | 5:45 PM IST

Project will benefit all saffron farmers of J&K by assuring higher production and realization

Government has approved setting up of the Specialized Agency under the Spices Board with the nomenclature of 'Saffron Production & Export Development Agency (SPEDA) to be headquartered at Srinagar (J&K) to plan and implement programmes for development and promotion of exports of quality saffron.

The agency will be set up by the Spices Board in consultation with the Government of J&K as expeditiously as possible. The production, rejuvenation of saffron along with the processing, training of farmers, research, quality control & export promotion of saffron will be handled by the specialized agency.

The project will benefit all saffron farmers of J&K by assuring higher production and realization for the unique product of Kashmir.

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First Published: Dec 29 2014 | 3:32 PM IST

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