Govt. to set up agency for development, export of saffron

December 29, 2014 02:26 pm | Updated 02:26 pm IST - New Delhi

Following up on Prime Minister Narendra Modi’s announcement to bring about a saffron revolution in Jammu and Kashmir, government has decided to set up an agency to promote development and export of the expensive spice.

The Saffron Production and Export Development Agency (SPEDA), to be headquartered at Srinagar, will be set up by the Spices Board in consultation with the Jammu and Kashmir government “as expeditiously as possible,” an official statement said on Monday.

The production, rejuvenation of saffron along with the processing, training of farmers, research, quality control and export promotion of saffron will be handled by the specialised agency.

“The project will benefit all saffron farmers of Jammu and Kashmir by assuring higher production and realisation for the unique product of Kashmir,” it said.

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