CURRENT AFFAIRS

Detailed explanation-1: -Spices Board, a Ministry of Commerce and Industry establishment, under its initiative Flavourit Spices Trading Limited (FSTL), has signed a Terms of Understanding (ToU) with e-commerce platform Flipkart to enhance market access and help promote farmers and grassroots organisations working in the spices sector.

Detailed explanation-2: -DEPARTMENT OF COMMERCE Spices Board is a statutory body constituted with effect from 26.02. 1987 under the Spices Board Act, 1986 (10 of 1986) by merging the erstwhile Cardamom Board and the Spices Export Promotion Council under the administrative control of the Department of Commerce.

Detailed explanation-3: -What is Spices Board Registration? A. Getting permission from the Spice Board of India is essential for those who wish to start a business exporting spices from India. It is obtained by getting the Spice Board Registration or Certificate of Registration as Exporter of Spices (CRES).

Detailed explanation-4: -Spices Board (Ministry of Commerce and Industry, Government of India) is the flagship organization for the development and worldwide promotion of Indian spices.

Detailed explanation-5: -The spices Board was formed in 1987 following the merging of the earlier Cardamom Board (1968) and the Spices Export Promotion Council (1960) pursuant to the Spices Board Act 1986.