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Govt plans merger of commodity boards

The Commerce Ministry is planning merger of the commodity boards and set up an umbrella organisation in order to improve production and exports of plantation crops like tea, coffee and spices.

February 12, 2017 / 12:39 IST
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The Commerce Ministry is planning merger of the commodity boards and set up an umbrella organisation in order to improve production and exports of plantation crops like tea, coffee and spices.

Some of these boards were set up way back in 1940s and their merger could help in harmonising their activities and in turn, enhance the quality and boost exports.

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The five commodity boards, under the Ministry of Commerce, are responsible for production, development and export of tea, coffee, rubber, spices and tobacco.

"India has a huge potential to boost agri exports. One board will provide better services. So, we are working to form one specialised body with different verticals," a senior commerce ministry official told PTI.