Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :
        Customs, DGFT & SEZ

        Spices Board India and UNDP India's Accelerator Lab sign MoU to develop blockchain-powered traceability Interface for Indian spices

        April 5, 2021

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Spices Board India under Ministry of Commerce and Industry and UNDP India’s Accelerator Lab today signed a Memorandum of Understanding (MoU), with the aim to build a blockchain based traceability interface for Indian spices to enhance transparency in supply chain and trade. 

        Blockchain is a decentralized process of recording transactions on an open and shared electronic ledger. This allows for ease and transparency in data management across a complex network, including, farmers, brokers, distributors, processors, retailers, regulators, and consumers, thus simplifying the supply chain. It will allow farmers just as all other members of the supply chain to access the information which further makes the entire supply chain more efficient and equitable.

        UNDP and Spices Board India are working towards integrating the Blockchain Traceability Interface with the e-Spice Bazaar portal developed by Spices Board India for connecting spices farmers with markets.Design of the Blockchain interface is expected to be completed by May’21. The project will be piloted with over 3,000 farmers engaged in chilli and turmeric farming in select Districts of Andhra Pradesh.

        On this joint initiative, Shri. D. Sathiyan, Secretary, Spices Board India said that India is the largest exporter, producer and consumer of spices in the world.  India’s spices export crossed a milestone of 3 Bn USD during 2019-20 and our estimates indicate that we would cross that milestone and achieve a new high during the 2020-21. Spices Board, the agency responsible for export promotion of Indian spices in the world markets, is happy about these achievements and would like to facilitate further growth in the sector. 

        Shri. D. Sathiyansaid that the changing order in the global spices and food sector has increased the relevance of infrastructure development for value addition, certification for quality and food safety, implementation of traceability systems, promotion of spices highlighting the immunity boosting properties, etc., and the Board has been working tirelessly to provide support to the stakeholders of the sector and to strengthen the supply chain so as to position India as the premier destination for clean and safe spices to the world. 

        This UNDP-Spices Board joint initiative to build a blockchain-powered traceability interface for Indian spices is another significant milestone in our journey to make the spices value chain efficient, transparent and equitable for all stakeholders. This traceability interface is expected to enhance consumer confidence and facilitate sourcing of spices for exports as well as for local value addition and use.  Upon successful demonstration, the Board would like to expand the reach of this interface to cover all major spices and regions of the country, and expects to have continuous partnership and support from the UNDP.

        Speaking on the collaboration, Ms. Shoko Noda, Resident Representative, UNDP India, said, “We are confident that the blockchain interface will help connect the spice farmers with international markets and add to their income. The technology can also help in rebuilding the pandemic affected supply chains by providing trading partners and consumers with trusted and secured data on goods and transactions.”

        About Spices Board

        Spices Board is one of the five Commodity Boards functioning under the Ministry of Commerce &Industry. It is an autonomous body responsible for the export promotion of the 52 scheduled spices and development of Cardamom (Small & Large). The main functions of the Spices Board are the following: (i) Research, Development and Regulation of domestic marketing of Small & Large Cardamom; (ii) Post-harvest improvement of all spices; (iii) Export promotion of all spices and assisting exporters in technology upgradation, quality management, brand promotion, research & product development; (iv) Development of spices in the North East; (v) Regulation of quality of spices for exports through its quality evaluation services; etc.

        About UNDP

        UNDP works across 170 countries and territories to eradicate poverty while protecting the planet. We help countries develop strong policies, skills, partnerships, and institutions so they can sustain their progress. UNDP has worked in India since 1951 in almost all areas of human development, from systems strengthening to inclusive growth and sustainable livelihoods, as well as sustainable energy, environment, and resilience. UNDP’s programmes continue to integrate a global vision for catalytic change with India’s national priorities. With over 30 projects on the ground in almost every state, today, it works to achieve the Sustainable Development Goals by transforming traditional models to do development differently.

        For Further information, please contact:

        Spices Board India

        Suresh Kumar PM

        Director

        Contact details: [email protected]

        Nithin Joe

        Deputy Director

        Contact details: [email protected]

        Blockchain traceability to boost spice supply chain transparency and connect farmers to markets through a pilot interface. A memorandum of understanding establishes collaboration to develop a blockchain-based traceability interface integrated with an existing digital marketplace portal to provide secure, shared access to transaction and product history across the spices supply chain, pilot-tested among selected farmers and participants to demonstrate feasibility, rebuild pandemic-affected supply chains, enhance market access and sourcing confidence, and enable subsequent expansion to additional spices and regions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Blockchain traceability to boost spice supply chain transparency and connect farmers to markets through a pilot interface.

                                A memorandum of understanding establishes collaboration to develop a blockchain-based traceability interface integrated with an existing digital marketplace portal to provide secure, shared access to transaction and product history across the spices supply chain, pilot-tested among selected farmers and participants to demonstrate feasibility, rebuild pandemic-affected supply chains, enhance market access and sourcing confidence, and enable subsequent expansion to additional spices and regions.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found