Spices Board to hold special e-auction for cardamom on Sunday

By: |
September 25, 2021 1:30 AM

The e-auction will bring together the spice community enabling the spice growers to connect with the spice traders in the country to participate in this largest e-auction of cardamom.

The e-auction is schedule to take place at the Board’s e-auction center at Puttady in Idukki.The e-auction is schedule to take place at the Board’s e-auction center at Puttady in Idukki.

Spices Board said on Friday that it is organising a mammoth cardamom special e-auction in a single day on Sunday, September 26, as part of the 75 weeks long programme named ‘Azadi Ka Amrit Mahotsav’ to commemorate the 75th year independence celebrations.

The e-auction will bring together the spice community enabling the spice growers to connect with the spice traders in the country to participate in this largest e-auction of cardamom.

“This is a special e-auction apart from the regular scheduled e-auction to facilitate e-auction of 75,000 kg of small cardamom to commemorate the 75 glorious years of independence” said D Sathiyan IFS, Secretary, Spices Board.

“This auction will help the spice farming community by giving them an extra opportunity to sell their produce, besides it will increase the competitiveness leading to an increase in the price for their produce,” added the Secretary, Spices Board.

The e-auction is schedule to take place at the Board’s e-auction center at Puttady in Idukki.

The e-auction is organised in unison with Vanijya Saptah, a series of events focusing on economic growth and promotion of exports by the Department of Commerce and Spices Board. A large number of exporters, trader community is expected to take part in this gigantic cardamom auction.

The e-auction will start in the morning and end on the same day.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Edible oils: Centre holds meeting with states on Monday to review action on stock holding order
2A matchbox to cost Rs 2, consumers to get more matchsticks
3India to bargain for undelivered cargoes for renewing LNG import contract with Qatar