Commerce Minister Piyush Goyal will launch a Weather based Crop Insurance Scheme for cardamom growers of Western Ghats.
The Minister will launch the scheme in connection with the Coral jubilee celebrations of the Spices Board which will be for a fortnight. Later, the Minister will hold discussions with growers and exporters on the scheme.
Spices Board officials said Idukki will be primarily considered for the Weather-Based Insurance scheme. Around 2,500 hectares of cardamom cultivated area will be covered under the scheme and small-scale farmers in the district would benefit from the pilot scheme during 2021-26.
BVR Subramanyam, Secretary, Ministry of Commerce and Industry, will deliver the special address. AG Thankappan, Chairman, Spices Board will deliver the presidential address in the presence of D Sathiyan, Secretary, Spices Board, and Malaai Kumar Poddar, Managing Director and Chairman, Agricultural Insurance Company.
The fortnight-long celebrations will also include other key events at various locations such as a facilitation programme titled ‘Decoding the Flavoured Profiles of International Cuisines’ in association with the Institute of Hotel Management, Catering and Nutrition (IHM), Pusa for the benefit of spice exporters on March 3.