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About The National Turmeric Board

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.

May 2024
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