HomeNews88 Bamboo Treatment Units approved under Mission

88 Bamboo Treatment Units approved under Mission

Under Central government’s National Bamboo Mission (NBM), so far 88 Bamboo Treatment Units, 464 Product Development /Processing Units, 135 infrastructure Projects for Promotion and Development of Bamboo Markets have been approved in 16 States as per the Annual Action Plans received for 2018-19. This information was given by Parshottam Rupala, Minister of State in the Ministry of Agriculture and Farmers Welfare in Lok Sabha.

The restructured National Bamboo Mission (NBM) was launched in April, 2018 with an outlay of Rs.1290 crore for two year i.e. till the end of 14th Finance Commission. Budget Estimate for the Year 2018-19 for this program is Rs.300.00 crores and out of this sum Rs 111 crore has already been sanctioned till the end of December 2018 which is more than the total sum released under the previous program in last three years. The scheme aims to supplement farm income of farmers with focus on the development of complete value chain of bamboo sector to link growers with consumers. The operational guidelines also provide for assistance for value added product development and processing, development of tools & equipment, research & development, both in the Government and Private Sector which could include start ups also.

The Government has also reduced GST on bamboo furniture & bamboo flooring to 12%. The Mission also envisages establishment of primary processing units close to the production area to reduce transportation costs and complete utilisation of bamboo to move towards zero wastage so as to improve economies and lower costs to consumers.

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