Spices Board launches Subsidy Scheme to boost production and export

Spices Board of India has launched subsidy scheme in a bit to promote spice cultivation in India by offering subsidies and sensitise to farmers.
Under this scheme
Financial assistance: To farmers cultivating and planting various spices will be provided. The assistance will be provided for irrigation, mechanisation, land development, soil conservation, replanting and organic farming of various spices. Under this scheme financial aid will be also given to purchase farming equipment and irrigation tools.
Cardamom cultivators: Small cultivators from Kerala, Tamil Nadu will be provided aid 70,000 rupees per hectare for replanting. While farmers from Karnataka will get up to 50,000 rupees a hectare. The cultivators will also be given aid for planting and material production.
Irrigation and land development: For small scale cardamom farmers from Kerala, Tamil Nadu and Karnataka financial assistance up to 25 per cent of actual cost for acquiring irrigation sprinkler sets, pump sets, equipment for gravity-fed irrigation system will be provided. While, up to 50 per cent actual cost will be provided for water storage structure and upto 25 per cent for soil conservation.
Farmers will be also given a subsidy of 1 lakh rupees for purchasing improved cardamom curing devices and 50 per cent subsidy for bee-keeping boxes and Good Agricultural Practices (GAP) kits.
Under the Board’s farm mechanisation programme, small cardamom growers in these 3 states will be provided with 50 per cent subsidy for purchasing equipment for cardamom plant protection and grading, washing and polishing.

Month: Current Affairs - August, 2015