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Since 1950, India's per capita income (PCI) has jumped over 500 times. In 1950, it stood at Rs 265, and increased to Rs 1,28,829 in 2020-21
Union Minister of Commerce and Industry Piyush Goyal asked the spice exporters to strive to maintain the comparative advantage to sustain the growth in the spice sector
In domestic currency, thanks to forex advantage, spices exporters raked in even better realisations which rose by 34 per cent to Rs 2,721 crore in June 2020 from Rs 2,030 crore in the comparative mont
Indian cottons were prized for their fineness of weave, brilliance of colour, rich variety of designs and a dyeing technology that achieved a fastness of colour unrivalled in the world
The growth, according to the spice board, was mainly due to market interventions and emphasis on value-added products by the Board to promote Indian spices globally