National Turmeric Board

GS 3 – ECONOMY

Context:
The National Turmeric Board was inaugurated in Nizamabad, Telangana, to improve turmeric farming, research, and exports in India, fulfilling a long-standing demand.

Turmeric – A herb used for medicinal and culinary purposes, containing curcumin, known for anti-inflammatory and antioxidant properties.

Uses of Turmeric:

1. Culinary: Adds flavor, color, and aroma to dishes.
2. Medicinal: Used for inflammation, immunity, and digestion.
3. Cosmetic: Found in skincare products for healing.
4. Industrial: Used in textile dyeing and health products.

Turmeric in India:

• Position: Largest producer, consumer, and exporter globally.
• Production (2023-24): 10.74 lakh tonnes (62% of global trade).
• Varieties: Lakadong (Meghalaya), Alleppey Finger (Kerala), Nizamabad Bulb (Telangana), and more.
• Climate: Thrives in warm, humid conditions with 1,500 mm rainfall.
• Exports (2023-24): 1.62 lakh tonnes, worth 226.5 million USD.

National Turmeric Board:

• Headquarters: Nizamabad, Telangana
• Ministry: Ministry of Commerce and Industry
• Objective: Enhance production, support farmers, improve livelihoods, and boost global exports.
• Functions: Focus on yield, logistics, supply chains, and awareness of medicinal benefits.

Challenges:

• Price Volatility: Fluctuating prices (₹10,000–₹18,000 per quintal in 2023).
• Infrastructure Deficits: Lack of storage and marketing systems.
• Limited MSP: No guaranteed minimum support price.
• Climate Sensitivity: Affected by weather changes.