The Spices Board has invited applications for availing assistance under various programmes of the SPICED (Sustainability in Spice Sector through Progressive, Innovative and Collaborative Interventions for Export Development) Scheme for the year 2026-27, according to a report in The Hindu BusinessLine. The scheme, originally approved for the 15th Finance Commission cycle up to FY 2025-26, has been extended until 30 September 2026 or until approval of the proposed scheme for the 16th Finance Commission Cycle, whichever is earlier.
Scheme Objectives
The SPICED Scheme envisages several key objectives, as detailed by the Board: expansion of area under small and large cardamom, improvement in productivity of these crops, generation of exportable surplus of quality spices through post-harvest improvement, export promotion of spices, enhancement in the share of value-added spices in the export basket, evaluation of compliance of export consignments with applicable standards of quality and safety, and capacity building and skill development of stakeholders.
Eligibility and Application Process
Applications are invited from eligible exporters, farmers, Farmer Producer Organizations (FPOs) , and other stakeholders of the spices sector for availing assistance under the various programmes/components of the SPICED Scheme for 2026-27. All intending stakeholders are requested to submit their applications within the prescribed time schedule. Interested parties may visit the Board’s website at www.indianspices.com for details.
Implications for Spices Trade
For commodity traders, procurement teams, and analysts tracking the spices market, the continuation of the SPICED Scheme signals sustained government support for India’s spice export ecosystem. The emphasis on value-added spices and quality compliance aligns with global demand for processed and certified spice products. The extension until September 2026 provides a bridge period until a new scheme under the 16th Finance Commission Cycle is approved. The focus on cardamom (both small and large) is particularly relevant, as India is a major producer and exporter of these spices. The scheme’s components on post-harvest improvement and export promotion are expected to enhance supply chain efficiency and export competitiveness. Stakeholders should monitor the Board’s website for submission deadlines and programme details.
The SPICED Scheme is designed to foster a sustainable and export-oriented spice sector through targeted interventions across the value chain.
The Board’s call for applications comes as India aims to increase its share in the global spice trade, which is valued at billions of dollars annually. By supporting farmers and FPOs with area expansion and productivity gains, the scheme seeks to ensure consistent raw material supply. Exporters stand to benefit from assistance in meeting international quality standards, which is critical for accessing premium markets. For analysts, the scheme’s extension provides policy continuity that supports long-term planning in the spices commodity segment.
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