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Kashmir saffron price over Rs 2 lakh, Kesar farming boost, GI tag & best in world - Explained.
Aug 16, 2023

Saffron prices in India have skyrocketed since the kesar from Jammu & Kashmir was given the Geographical Indication (GI) tag by the government. Saffron is often called the world’s costliest spice by weight with saffron prices touching over Rs 2 lakh to a kg in recent times. Why does Kashmir’s saffron fetch such good prices? What makes the saffron in India unique and of premium quality and what are the government’s plans to step up production and connect saffron farmers to buyers across the world? In this week’s episode of TOI Business Bytes, Chowdhary Mohammad Iqbal, Director Agriculture, Kashmir talks about how the cultivation of saffron is difficult and why Kashmir’s saffron fetches higher rates compared to kesar from other countries.

    
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