This blockchain-powered platform for Indian spices will enhance the quality assurance of agricultural export commodities.
GN Bureau | April 12, 2021
UNDP India’s Accelerator Lab and Spices Board India under the Ministry of Commerce and Industry, Government of India have signed a Memorandum of Understanding (MoU) to build a blockchain-based traceability interface for Indian spices to enhance transparency in trading. UNDP India has independently secured support from the Cabinet Office of Japan for this initiative under the Japan SDGs Innovation Challenge.
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. This blockchain-powered platform for Indian spices will enhance the quality assurance of agricultural export commodities.
One of the key beneficiaries of this initiative will be small farmers with a potential doubling of income based on trading on this platform, said the press note. It will also 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.
The design of the Blockchain interface is expected to be completed by May 2021. The project will be piloted with over 3,000 farmers engaged in chilli farming in Guntur, Andhra Pradesh. UNDP and Spices Board India is working towards integrating the Blockchain Traceability Interface with the e-Spice Bazaar portal developed by Spices Board India for connecting spices farmers with markets.
Fire on the Ganges: Life among the Dead in Banaras By Radhika Iyengar 4th Estate / HarperCollins, 348 pages, 599
Calling for reforms in the Engineering Department of BMC, Mumbai Vikas Samiti, a not-for-profit organisation has said that less than optimum performance of Engineering Function has added to the woes of citizens and deterioration in the quality of life in the metro. In its recently released r
Hailing the Maharashtra government for introducing a bill to amend the Insecticide Act, 1968, Pesticide Action Network (PAN) India has called the amendments ‘very focussed’ and urged the state to expand their scope to address other challenges. The bill, introduced in the a
`Garba of Gujarat` has been inscribed in the Representative List of Intangible Cultural Heritage (ICH) of Humanity by UNESCO, under the provisions of the 2003 Convention for the Safeguarding of Intangible Cultural Heritage during the 18th meeting of the Intergovernmental Committee for the Safeguarding of t
Since its inception, Citizen Financial Cyber Fraud Reporting and Management System has witnessed more than 12.77 lakh complaints registered (till November 15, 2023), and has saved more than Rs. 930 crore in more than 3.80 lakh complaints. This was stated by minister of state for home affair
Impacts and implications of Climate Change Vulnerability in the Himalayan Region and ways of creating ‘Climate Resilient Development in Indian Himalayan Region by making mountain communities green and resilient were discussed the side event hosted at the India pavilion at the UN Climate Conference CO