Centre imposes restriction on import of cardamom

Cardamom that does not meet the quality standards or specifications of the Food Safety and Standards Authority of India will not be allowed in the Indian market

George Joseph Kochi
Last Updated : Feb 13 2015 | 3:38 AM IST

The Centre has banned the import of cardamom — small and large grades — with cost, insurance and freight (CIF) value below Rs 500 a kg.

Also, in a notification issued on February 6, the Department of Commerce, has banned the import of inferior quality cardamom. According to the notification, cardamom which does not meet the quality standard or the specification of Food Safety and Standards Authority of India would not be allowed to come into Indian markets.

Reports would be issued from laboratories of the Spices Board, based on samples drawn, for the release of consignments at various ports. Cheaper grades come to India, mostly from Gautemala, at prices as low as Rs 300 a kg, and dominates the local markets in north India. It is consumed with betel leaf. Smuggling is active through the porous borders with Bangladesh and Nepal.  

As a result, local farmers suffer losses. Some of them told Business Standard that they need at least Rs 750 per kg in order to continue cultivating cardamom. During the off season, prices at auctions fetch a price as high as Rs 890 per kg for average quality cardamom and Rs 1,169 per kg for the good quality produce.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 12 2015 | 10:30 PM IST

Next Story