New Delhi, June 26 -- The Khadi and Village Industries Commission (KVIC) has proposed sandalwood, bamboo plantation for its asset monetisation.
Seeking to encourage commercial plantation of sandalwood and bamboo, the KVIC has begun a drive with a plantation of 500 saplings each of sandalwood and bamboo at its Nashik training centre spread over 262 acres of land.
''Plantation of sandalwood and bamboo trees on vacant land aims at monetization of the property. At the same time, it will serve the dual purpose of meeting the huge global demand of Sandalwood while Bamboo plantation will support the local Agarbatti manufacturers in the light of recent decision taken by the Central government to make India Aatmanirbhar in Agarbatti making, KVIC...