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.

Saffron production agency established to centralize production, quality control, training and export promotion for saffron farmers. Approval is announced for establishing a Specialized Agency under the Spices Board, named Saffron Production & Export Development Agency (SPEDA) headquartered in Srinagar; it will be set up by the Spices Board in consultation with the Government of Jammu & Kashmir to plan and implement programmes for saffron production and rejuvenation, processing, research, quality control, farmer training and export promotion to enhance productivity and market realisation for saffron farmers.