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  • DAILY CURRENT AFFAIRS:Union government awards GI tag to Mithila Makhana to boost farmer’s income

Union government awards GI tag to Mithila Makhana to boost farmer’s income

Tags: Economy/Finance State News

The Union government has awarded the Geographical Indication (GI) tag to Mithila Makhana (Fox nuts) which is likely to fetch maximum price for the producer of the product.

The division is expected to benefit over five lakh farmers of Mithila region of Bihar.

The GI has been registered in the name of Mithilanchal Makhana Utpadak Sangh.

Giving this information the Union Minister of Commerce and Industry Piyush Goel tweeted that Mithila Makhana registered with GI Tag, farmers will get profit and it will be easier to earn.

What is Geographical Indication 

According to the World Intellectual Property Organisation (WIPO), a geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. 

In order to function as a GI, a sign must identify a product as originating in a given place.

For what type of product is the GI tag used 

Geographical indications are typically used for agricultural products, foodstuffs, wine and spirit drinks, handicrafts, and industrial products.

Benefits of GI tag 

Once a product gets this tag, any person or company cannot sell a similar item under that name. 

This tag is valid for a period of 10 years following which it can be renewed.

The other benefits of GI registration include legal protection to that item, prevention against unauthorized use by others, and promoting exports.

Other Famous GI tag in India 

The famous goods which carry this tag include Basmati rice, Darjeeling Tea, Chanderi Fabric, Mysore Silk, Kullu Shawl, Kangra Tea, Thanjavur Paintings, Allahabad Surkha, Farrukhabad Prints,Lucknow Zardozi and Kashmir Walnut Wood Carving.

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