NEW DELHI, April 25 - The Cabinet Committee on Economic Affairs (CCEA) today cleared the Centrally-sponsored National Bamboo Mission (NBM) under the National Mission for Sustainable Agriculture.
Official sources said the Mission would ensure holistic development of the bamboo sector by addressing the complete value chain and establishing effective linkage of producers (farmers) with industry. During the remaining period of the 14th Finance Commission (2018-19 and 2019-20), the CCEA has also approved empowerment of the executive committee for formulation of guidelines of the NBM and to make the changes therein, including cost norms for various interventions from time to time as per needs and specific recommendations of States, with the approval of the Union Minister for Agriculture and Farmers� Welfare.
An outlay of Rs 1,290 crore (with Rs 950 crore as the Central share) is provisioned for implementation of the Mission during the remaining period of the 14th Finance Commission.
The scheme will benefit directly and indirectly farmers as well as local artisans and associated personnel engaged in the bamboo sector including allied industries. Since it is proposed to bring about one lakh hectare area under plantation, it is expected that about one lakh farmers would be directly benefitted in terms of plantation.
The Mission will focus on development of bamboo in limited States where it has social, commercial and economical advantage, particularly in the North Eastern region.