Friday, April 16, 2021
Nagaland

Rs 623.83 lakhs released to State under NBM

Dimapur, January 8: The Centre has released Rs 623.83 lakhs to Nagaland during 2018-19 under the National Bamboo Mission (NBM).
The NBM aims to inter-alia supplement farm income of farmers with focus on the development of complete value chain of bamboo sector linking growers with industry.
This information was given by Minister of State for Ministry of Agriculture & Farmers Welfare Parshottam Rupala in Lok Sabha today.
The Minister said the scheme is being implemented in non-forest Government land, farmers field in States where it has social, commercial and economical advantage, including the bamboo rich States of North Eastern region. 17 States have so far been covered under the mission and an amount of Rs 111.05 crore has been released (till 31.12.2018) based on the annual action plans.
Financial assistance to North Eastern States is provided in the ratio of 90:10 between Central and State Government.
Under the NBM, the Centre has also released Rs 500 lakhs to Assam, Rs 1127.43 lakhs to Arunachal Pradesh, Rs 450 lakhs to Manipur, Rs 950 lakhs to Mizoram, Rs 344.45 lakhs to Sikkim and Rs 1230 lakhs to Tripura.
(Page News Service)

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