National Turmeric Board HQ Inaugurated in Nizamabad, Telangana

Union Home Minister and Minister of Cooperation inaugurates the headquarters of the National Turmeric Board in Nizamabad, Telangana.

• The central government has set a target of achieving one billion dollars in turmeric exports by 2030.

About the National Turmeric Board

• Objective: The National Turmeric Board will focus on the overall development and growth of the turmeric sector in the country.
• Headquarters: Nizamabad, Telangana
• Representatives: The Board will consist of representatives from,
  • Central Ministries: Ministry of AYUSH, Department of Pharmaceuticals, Department of Agriculture & Farmers Welfare and Department of Commerce
  • States: Representatives from Maharashtra, Telangana and Meghalaya (Lakadong Turmeric)
    • States will be represented on the Board by rotation.
  • Others: Exporters, Producers Bodies and Farmers from various States
• Significance: 
  • The central government will allocate special funds in the budget to the NTB
  • A price stabilization fund will be set up 
  • Crop Insurance will be ensured in the event of crop loss due to natural calamities
• Functions: 
  • To promote research and development of new turmeric products
  • To provide value addition of turmeric related products for marketing abroad.
  • To create awareness on the essential and medical properties of turmeric
  • To find ways to increase its yield and boost logistics and supply chain to foster trade into newer markets
  • To ensure quality and safety standards of turmeric production and exports

About Turmeric (PYQ-2025)

• Botanical Name: Curcuma longa 
• Family: Turmeric is a flowering plant in the ginger family Zingiberaceae. 
• Native: It is a perennial, rhizomatous, herbaceous plant native to the Indian subcontinent and Southeast Asia
• In India: 
• • India is the world’s largest producer, consumer, and exporter of turmeric with over 30 varieties of turmeric being produced 
  • States: Turmeric is grown in close to 20 states in India with,
    • Maharashtra being the largest producer and Telangana has the highest acreage in cultivation. 
  • Production: India produced 10.74 lakh tonnes or over 70% of global turmeric on an area of 3.05 lakh hectare
  • Exports: During 2023-24, 1.62 lakh tonnes of turmeric and turmeric products valued at $226.5 million was exported constituting more than 62% share of world trade.
  • Turmeric in India with GI Tag: Manjal/Turmeric ( Erode, Tamil Nadu); Lakadong Turmeric (Meghalaya) and Sangli Turmeric & Waigaon Turmeric (Maharashtra).
• Medicinal Benefits:  it is known worldwide as a wonder drug due to its anti-viral, anti-cancer, and anti-inflammatory properties.

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