Spacer
 
Spacer
  Business.gov.in Indian Business Portal
An Initiative of India.gov.in
 
 
Quick Menu
 
Entrepreneurship in Agriculture & Allied Sectors
spacer
Agriculture Agriculture Sector
Agriculture Horticulture and Allied Activities
Agriculture Animal Husbandry and Dairying
Agriculture Fisheries
Agriculture Sericulture
   
 
Entrepreneurship in Agriculture & Allied Sectors
Promotion of Agriculture & Allied Sectors
Horticulture and Allied Sectors: Plantation Crops:
Schemes and Incentives
Previous Page
For the integrated promotion of entrepreneurship in the sector of plantation crops, the Government has framed many schemes and policies, from time to time. All these aim to increase the productivity levels of plantation crops like tea, coffee, rubber, etc. as well as to provide greater incentives to the growers of the crops.

Presently, one of the most prominent schemes has been the 'Price Stabilization Fund Scheme (PSFS)', which was launched in April 2003 for tea, coffee, rubber and tobacco growers. It was introduced against the backdrop of decline in unit value realization of these commodities, at times falling below their cost of production. The main objective of PSF has been to safeguard the interests of growers and provide financial relief when prices fall below a specified level without resorting to the practice of procurement operations by the Government agencies. Out of a target of 12.77 lakh growers (up to 4 ha landholding), it was decided to cover 3.42 lakh small growers (up to 2 ha landholding), in the initial phase. As on March 31, 2007, the enrolment under the scheme was 45,268.

As on November 30, 2007, the PSF Corpus Fund consisted of Rs. 435.1 crore, out of which Rs. 432.9 crore is contributed by Government of India and Rs. 2.3 crore by growers by way of entry fee. A sum of Rs. 103.4 crore as
interest is also available to the Price Stabilization Fund Trust (PSFT) as on March 31, 2007. Since the launch of the scheme in April 2003, the PSF Trust has announced Price Spectrum Bands for 2003, 2004, 2005 and 2006 and the cumulative financial assistance committed stood at Rs. 3.71 crore. However, because of growers defaulting in depositing their contribution, assistance of only Rs. 1.16 crore could be released to tea and coffee growers so far.

Financial assistance committed under PSF (Rs. crore)
Commodity 2003 2004 2005 2006 Total
Rubber 0 0 0 0 0
Coffee 0.82 0.58 0 0 1.40
Tea 0.09 0.73 0.74 0.75 2.31
Total 0.91 1.31 0.74 0.75 3.71

(Source: Economic Survey 2007-08)

In order to protect the interest of the coconut growers, the Government has launched the 'Technology Mission on Coconut'. The main aim of the Mission is to help develop a mechanism which makes coconut farming competitive and ensures reasonable returns. The other objectives of the Mission are to:-

  • establish convergence and synergy among numerous ongoing governmental programmes in the field of coconut development in order to bring in horizontal and vertical integration of these programmes;
  • ensure adequate, appropriate, timely and concurrent attention to all the links in the production, post harvest and consumption chain;
  • maximise economic, ecological and social benefits from the existing investment and infrastructure created for coconut development;
  • promote economically desirable diversification and value addition to generate skilled employment;
  • disseminate technologies using participatory approach through demonstration and promotion to address the gaps in a mission mode; etc.

^ Top

 
Schemes of Coconut Development Board
Tea Statistics
 
 
Government of India
spacer
 
 
Business Business Business
 
  Search
 
Business Business Business
 
Business Business Business
 
How Do I
Business Register a Company
Business Register as Employer
Business Complaint with Central Vigilance Commission (CVC)
Business Apply for TAN Card
Business File Income Tax
 
Business Business Business
 
Business Business Business
 
  Help us enhance
Business.gov.in
Tell us what more you would like to see
 
Business Business Business
Business
Business Business Business
 
Tenders
View and Access latest Government Tenders...
 
Business Business Business
Business
Business Business Business
 
 
Patent Information
Business
Copyright
Business
Forms Related to Patents
Business
Forms for Design
 
 
Business Business Business
 
 
 
Spacer
Spacer
Business.gov.in  
 
Spacer
Spacer