The Spices Board of India has initiated steps for awarding the licence for conducting auction for cardamom for the block years 2014-17. The Board has invited expressions of interest from prospective entrepreneurs/auctioneers in this regard. This initiative would open up the marketing system of small cardamom and result in better price realization for the grower.
License for e-auction will be issued only for the e-auction centres established by the Board for small cardamom at Puttady in Idukki and Bodinayakanur in Tamil Nadu. The manual auction centre for small cardamom can be established anywhere in India other than in the states wherein Board has already established e-auction centres.
Through revised auctioneer license system, the Board is hoping to strengthen and broaden the marketing channels for cardamom through increased competition and participation.