What is the National Turmeric Board (NTB)?
A1: The NTB is an organization set up by the Indian government to support and promote turmeric cultivation and its products in India.
Who will lead the NTB?
A2: The NTB will have a chairperson appointed by the central government, along with members from various government departments, state representatives, research institutions, turmeric farmers, and exporters. It will also have a secretary appointed by the Department of Commerce.
What is the significance of the NTB for turmeric cultivation?
A3: The NTB will provide assistance to farmers and traders in various aspects of turmeric cultivation, from sowing to exports. It aims to boost the turmeric sector in India.
What are the main export markets for Indian turmeric?
A4: The primary export markets for Indian turmeric are Bangladesh, UAE, USA, and Malaysia.
What is the expected impact of the NTB?
A5: With the NTB's efforts, it is anticipated that turmeric exports will increase significantly, reaching Rs. 1 billion by 2030.
Why is turmeric important for its medicinal properties?
A6: Turmeric is known for its medicinal properties, primarily due to its high curcumin content, which has various health benefits.
What percentage of global turmeric production does India contribute?
A7: India contributes over 75% of global turmeric production, highlighting its dominance in the turmeric market.
What are the key export destinations for Indian turmeric?
A8: The main export destinations for Indian turmeric include Bangladesh, UAE, USA, and Malaysia, where it is in high demand.
Which states in India are major turmeric producers?
A9: The major turmeric-producing states in India include Maharashtra, Telangana, Karnataka, and Tamil Nadu.
