Trade and markets
 

Detail

Area
India
Commodity Group
Oilseeds, oils and meals
Commodity
Oil palm
Date
01/05/2017
Policy Category
Production
Policy Instrument
Sector development measures
Description
Expanded the distribution of subsidized palm seedlings in the State of Telangana, with a view to promote the establishment of oil palm plantations.
Notes
The Government of Telangana will promote the establishment of oil plantations on 12 000 hectares in the eastern part of the state. The state subsidy on palm seedlings will be raised from INR 56 to INR 80, which leaves the farmer with a cost of about INR 10 per plant (1 USD = 64 INR). Some 450 000 seedlings are being raised in local nurseries in support of the programme.