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policy BL Wednesday, 10 June 2026 NEW

From Khorasan to Kashmir, saffron prices surge amid global supply squeeze

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
 
 
 
Summary
 
Traders in the Valley also sell Iranian saffron, as production in Kashmir has declined significantly
 
  
 
 
Key Facts
 
 
 Type Policy 
 
 Source BusinessLine - Economy 
 
 Published Wednesday, 10 June 2026 
 
 Affected Population 63 million MSMEs, export-import community 
 
 
 
 
Key Numbers
 
 
    Merchandise exports: $437 billion (2024-25) 
    FDI inflow: $71 billion (2024-25) 
    PLI scheme: Rs 1.97 lakh crore across 14 sectors 
 
 
 
  
 
 
Key Authorities
 
 Ministry of Commerce & IndustryDPIITDGFT 
 
 
 
Key Stakeholders
 
 ExportersImportersMSMEs 
 
 
 
Government Context
 
 
 NDA III BJP-led NDA 
 
 
 
  Centre-Right 
 
 
 Left Centre Right 
 
 
 
 
      
 
Explore Sectors
 
  Trade & Commerce 80 tracked →  
 
  
 
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