OREANDA-NEWS. Government has approved setting up of the Specialized Agency under the Spices Board with the nomenclature of ‘Saffron Production & Export Development Agency (SPEDA) to be headquartered at Srinagar (J&K) to plan and implement programmes for development and promotion of exports of quality saffron.

The agency will be set up by the Spices Board in consultation with the Government of J&K as expeditiously as possible. The production, rejuvenation of saffron along with the processing, training of farmers, research, quality control & export promotion of saffron will be handled by the specialised agency.

The project will benefit all saffron farmers of J&K by assuring higher production and realization for the unique product of Kashmir.