With reference to the book ‘Spices Statistics at a Glance 2021’, consider the following statements:

With reference to the book ‘Spices Statistics at a Glance 2021’, consider the following statements:

1) The book is published by the Directorate of Arecanut and Spices Development (DASD), Ministry of Finance.

2) Directorate of Arecanut and Spices Development (DASD) is the nodal agency for collection and compilation of area and production estimates of spices at National level.

Which of the statements given above is/are correct?

A. 1 only

B. 2 only

C. Both 1 and 2

D. None of these

Answer: 2 only

Explanation:

Union Minister for Agriculture released the book ‘Spices Statistics at a Glance 2021’on 21st December, 2021.

The book is published by the Directorate of Arecanut and Spices Development (DASD), Ministry of Agriculture & Farmers Welfare, the nodal agency for collection and compilation of area and production estimates of spices at National level.

The book highlights the growth achieved in spices sector during the last seven years from 2014-15 to 2020-21 in the country.

Spices production in the Country grew from 67.64 lakh tonnes in 2014-15 to 106.79 lakh tonnes in 2020-21 with an annual growth rate 7.9%, following an increase in area from 32.24 lakh hectare to 45.28 lakh hectare.

Among the major spices, Cumin (14.8%), Garlic (14.7%), Ginger (7.5%), Fennel (6.8%), Coriander (6.2%), fenugreek (5.8%), Red chilli (4.2%) and Turmeric (1.3 %), show significant growth rate in production.

Spices export grew from 8.94 lakh tonnes worth Rs 14900 crores to 16 lakh tonnes valued at Rs 29535 crores (US$ 3.98 billion) during the above period, logging an annual growth rate of 9.8% in terms of volume and 10.5% in terms of value.

The export of spices contributes 41% of the total export earnings from all horticulture crops in the country and it ranks fourth among agricultural commodities, falling behind only the marine products, non-basmati rice and basmati rice.

Comments