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cinnamon

cinnamon

Cinnamon is an aromatic spice widely used in food processing, bakery products, and herbal medicines.

Cinnamon is valued globally for its sweet aroma and flavour and is widely used in culinary preparations, bakery products, beverages, and herbal medicines. The spice also has applications in the pharmaceutical and cosmetic industries. Cinnamon is traded extensively in international markets, providing opportunities for spice exporters and processing industries. Suitable climatic conditions in the North-East region can support the cultivation and trade of this spice. Fiscal incentives, such as financial assistance for spice processing units and MSME development, can encourage investment in cinnamon-based enterprises. Non-fiscal support, including technology transfer, skill development, and improved supply chain infrastructure, can help strengthen the spice industry.

Government Schemes for the Industry

Sr no. Scheme Name Scheme Type Action
1 Assam Tea Industries Special Incentive Scheme (ATISIS) State View more
2 Deendayal Antyodaya Yojana National Rural Livelihoods Mission (DAY-NRLM) Central View more
3 MSE Green Investment and Financing for Transformation Scheme (MSE-GIFT) Central View more
4 MSE Scheme for Promotion and Investment in Circular Economy (MSE-SPICE) Central View more
5 MSME Trade Enablement and Marketing Initiative (MSME TEAM Initiative) Central View more
6 Pradhan Mantri MUDRA Yojana (PMMY) Central View more
7 Prime Minister's Employment Generation Programme (PMEGP) Central View more
8 Sarothi-The Start-Up Assam State View more