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29/12/20 10:00 AM IST

Consortia for Medicinal Plants

In news

National Medicinal Plants Board Launches Consortia for Medicinal Plants

Consortium
  • A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective.
  • Entities that participate in a consortium pool resources but are otherwise only responsible for the obligations that are set out in the consortium's agreement.
  • Every entity that is under the consortium, therefore, remains independent with regard to their normal business operations and has no say over another member's operations that are not related to the consortium.
Highlights
  • MPB Consortia will address/deliberate (not limited to) on Quality Planting Material, Research & Development, Cultivation, Trade of medicinal plants/market linkage etc.
  • To establish the linkage between the farmers and manufacturers, a ‘Seed to Shelf’ approach is being introduced
  • Aspects related to Quality Planting Materials (QPM), Good Agriculture Practices (GAP’s), Good Post Harvest Practices (GPHP’s) would be addressed.
  • In the first phase NMPB consortia is proposed for medicinal plant species - Ashwagandha (Withania somnifera), Pippali (Piper longum), Aonla (Phyllanthus emblica), Guggulu (Commiphora wightii), Satavari (Asparagus racemosus).
Source: PIB

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