Skip to main content

MoneyWorks4Me

Spices Board unveils subsidy schemes to boost production

03 Aug 2015 Evaluate

Spices Board has rolled out various measures like offering subsidies and sensitizing them in order to support farmers and to boost spices production in the country. The board has also decided to provide financial aid to farmers for irrigation, land development, mechanization, replanting, soil conservation and organic farming of various spices, mainly small cardamom.

Under the new schemes, the cultivators of small cardamom in Kerala and Tamil Nadu would receive up to Rs 70,000 for replanting, while farmers in Karnataka will get up to Rs 50,000. They would also receive aid for planting material production.

Further, the board would give financial aid up to 25% of actual cost for acquiring irrigation pump sets, sprinkler sets, equipment for gravity fed irrigation system and up to 50% for water storage structure. This will help small cardamom farmers in the three southern states in irrigation and land development.