News

Union Minister Piyush Goyal Inaugurates National Turmeric Board

New Delhi: Union Minister of Commerce & Industry, Piyush Goyal, today inaugurated the National Turmeric Board in the capital, marking a significant step toward bolstering India’s position as the global leader in turmeric production and trade. The Board’s headquarters have been established in Nizamabad, Telangana, with Palle Ganga Reddy appointed as its first Chairperson.

Goyal emphasized that the creation of the National Turmeric Board is a milestone for the welfare of turmeric farmers across 20 states, including Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Madhya Pradesh, and Meghalaya. Highlighting turmeric’s status as the “Golden Spice,” the Minister underscored the immense potential for increasing production, particularly in Andhra Pradesh and Telangana, and the Board’s role in enhancing the incomes of turmeric producers nationwide.

The Board will also facilitate research and development of turmeric-based products, value addition for export markets, and the promotion of turmeric’s essential and medicinal properties. Additionally, it will work to ensure quality and safety standards for turmeric production and exports while streamlining logistics and supply chains to expand global trade.

With India responsible for over 70% of the global turmeric production, Goyal noted that in the 2023-24 period, turmeric cultivation covered 3.05 lakh hectares, yielding 10.74 lakh tonnes. India produced 30 varieties of turmeric, with a significant 1.62 lakh tonnes of turmeric and turmeric products exported, valued at $226.5 million USD.

“India is not only the largest producer and consumer of turmeric but also commands a 62% share of the world trade,” Goyal remarked. “The National Turmeric Board will help strengthen India’s dominant position in the global market.”

The Board will feature representatives from multiple ministries, including AYUSH, Pharmaceuticals, Agriculture & Farmers Welfare, and Commerce, as well as members from exporters’ and producers’ bodies. States will be represented on the Board by rotation, with key members from Maharashtra, Telangana, and Meghalaya—renowned for its Lakadong Turmeric—actively participating.

Union Minister of State for Home Affairs Bandi Sanjay Kumar and Nizamabad MP Arvind Dharmapuri also graced the event, reflecting the widespread support for the initiative.

The National Turmeric Board aims to coordinate efforts across government departments, promote innovation in turmeric production, and boost its trade potential, particularly in health and wellness markets. It will also focus on increasing yield, raising awareness about turmeric’s benefits, and fostering economic growth in turmeric-producing regions.

With the establishment of the National Turmeric Board, India is poised to further solidify its leadership in the turmeric sector, leveraging the spice’s global demand for its medicinal, culinary, and wellness properties. This initiative is expected to provide a significant boost to the livelihoods of turmeric farmers while opening new avenues for international trade and development.

Bureau The News Hashtag

Recent Posts

Odisha Cabinet Approves ₹2,995-Crore Tribal Livelihood Mission to Benefit 8 Lakh Households

Bhubaneswar: In a major push to improve livelihoods in tribal-dominated regions, the Odisha Cabinet on…

4 hours ago

Odisha Cabinet Approves 11 Key Proposals Across Six Departments

Bhubaneswar: The Odisha Cabinet on Saturday gave its approval to 11 proposals aimed at strengthening…

4 hours ago

Health Department on High Alert as Flood Situation Persists, Minister Reviews Preparedness

Bhubaneswar: With floods affecting several parts of Odisha, the state Health and Family Welfare Department…

4 hours ago

Odisha Cabinet Clears ₹234.79 Crore Mega Lift Irrigation Project for Khurda, Puri

Bhubaneswar: In a significant push to strengthen irrigation infrastructure and boost agricultural productivity, the Odisha…

4 hours ago

Power Restored to 93% of Flood-Affected Consumers in Odisha, DISCOMs Told to Expedite Remaining Work

Bhubaneswar: Power supply has been restored to nearly 93 per cent of consumers affected by…

4 hours ago

Cabinet Approves ₹133.19 Crore Lift Irrigation Project for Rayagada, Gajapati

Bhubaneswar: The Odisha Cabinet on Saturday approved a ₹133.19 crore lift irrigation project under the…

5 hours ago