Key Facts and Data Points

  • MoU Partners: Ayush Export Promotion Council (AYUSHEXCIL) and Spices Board of India
  • AYUSHEXCIL: Export Promotion Council supported by Ministry of Commerce and Industry and Ministry of Ayush
  • Incorporation Year: AYUSHEXCIL was incorporated as a Section 8 company in 2022
  • Spices Board: Constituted in 1987 under the Spices Board Act, 1986
  • Scheduled Spices: Spices Board oversees export promotion of 52 scheduled spices
  • Key Initiatives: Quality enhancement, traceability, scientific validation, Codex engagement, branding
  • Featured Campaign: 'Spice and Heal' initiative for global branding

Background and Context

About AYUSHEXCIL

  • Export Promotion Council for Ayush products
  • Supported by Ministry of Commerce and Industry and Ministry of Ayush
  • Incorporated under Companies Act, 2013 as Section 8 company
  • Oversees exports of:
  • Ayurveda
  • Homoeopathy
  • Siddha
  • Sowa-Rigpa
  • Unani products
  • Addresses trade-related issues in these traditional medicine sectors

About Spices Board of India

  • Autonomous body functioning under Ministry of Commerce and Industry
  • One of the five Commodity Boards
  • Formed through merger of:
  • Cardamom Board (1968)
  • Spices Export Promotion Council (1960)
  • Responsible for export promotion of 52 scheduled spices
  • Also handles development of small and large cardamom

Key Focus Areas of Collaboration

  • Quality Enhancement: Strengthening quality standards for Ayush products and medicinal spices
  • Traceability: Implementing tracking systems for product origin and quality
  • Scientific Validation: Research backing for traditional medicine claims
  • Capacity Building: Training stakeholders across the value chain
  • Codex Engagement: Participation in Codex Alimentarius Commission standards
  • Branding Initiatives: Joint marketing and positioning campaigns
  • International Trade Fairs: Collaborative participation in global exhibitions

Products Covered

  • Functional foods
  • Nutraceuticals
  • Herbal extracts
  • Value-added Ayurvedic products
  • Spice-based wellness products

Beneficiaries

  • Farmers: Growing medicinal spices and herbs
  • MSMEs: Small and medium enterprises in Ayush sector
  • Startups: Wellness and traditional medicine startups
  • Women Entrepreneurs: Opportunities in spice processing and Ayush products
  • Exporters: Trading companies in both sectors
  • Stakeholders: Complete ecosystem across Ayush and spice sectors

Significance for India

Economic Impact

  • Export Promotion: Boosting India's traditional medicine exports globally
  • Make in India: Supporting domestic manufacturing of Ayush products
  • Employment Generation: Creating opportunities across the value chain
  • Foreign Exchange: Increasing export earnings from traditional medicine sector

Strategic Importance

  • Global Leadership: Positioning India as hub for holistic health solutions
  • Wellness Economy: Tapping into growing global wellness tourism market
  • Traditional Knowledge: Leveraging India's ancient medicinal heritage
  • Integration: Combining Ayush systems with India's rich spice heritage

Policy Alignment

  • Aligns with National Ayush Mission
  • Supports Ayush Sector development objectives
  • Contributes to Atmanirbhar Bharat in traditional medicine
  • Promotes Vocal for Local in Ayush products

Related Information

Section 8 Companies

Companies incorporated under Section 8 of Companies Act, 2013:

  • Not-for-profit organizations
  • Promote charitable, religious, or trade objectives
  • Can distribute income to members
  • Require minimum 2 members and 2 directors

Commodity Boards in India

Five Commodity Boards under Ministry of Commerce and Industry:

  1. Spices Board
  2. Tea Board
  3. Coffee Board
  4. Rubber Board
  5. Tobacco Board

Codex Alimentarius Commission

  • International food standards body
  • Joint FAO/WHO body
  • Sets standards for food safety and quality
  • Important for export compliance

Quick Revision Points

AspectAYUSHEXCILSpices Board
MinistryCommerce & Industry, AyushCommerce & Industry
Established20221987
Legal FormSection 8 CompanyAutonomous Body
Governing ActCompanies Act, 2013Spices Board Act, 1986
ProductsAyush systems52 scheduled spices

Remember: The 'Spice and Heal' initiative aims to position India as a global leader in holistic health and natural healing solutions.