Millennium Post

CCEA approves Rs 1,290 crore to restructure bamboo mission

New Delhi: The government on Wednesday approved a restructured National Bamboo Mission (NBM) with an outlay of Rs 1,290 crore for two years, a move aimed at benefiting one lakh farmers, said an official release.
The Cabinet Committee on Economic Affairs (CCEA) approved Centrally Sponsored Scheme of NBM under National Mission for Sustainable Agriculture (NMSA) during remaining period of 14th Finance Commission (2018-19 and 2019-20), it said.
"An outlay of Rs 1,290 crore (with Rs 950 crore as central share) is provisioned for implementation of the Mission during the remaining period of 14th Finance Commission," the release said.
It also approved empowerment of executive committee for formulation of guidelines of the NBM and to make the changes therein, including cost norms for various interventions as per the "felt needs" and specific recommendations of states.
"It is proposed to bring about one lakh hectare area under plantation and it is expected that abut one lakh farmers would be directly benefitted in terms of plantation," the release said.
The Mission will focus on development of bamboo in limited states where it has social, commercial and economical advantage.
The states include, the North Eastern region, Madhya Pradesh, Maharashtra, Chhattisgarh, Odisha, Karnataka, Uttarakhand, Bihar, Jharkhand, Andhra Pradesh, Telengana, Gujarat, Tamil Nadu
and Kerala.
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