Srinagar, Jan. 26 -- Jammu and Kashmir government has launched a Rs 39.03 crore project to boost cut flower exports.

'Promotion of Commercial Floriculture' envisages increasing production by 68 percent in the next four years. Under the project, the government aims to produce over 27 crore ornamental nursery plants and 4000 liters of aromatic oils worth Rs 4.8 crore annually.

Currently, the annual output of floriculture in Jammu and Kashmir is Rs 28 crores. Under this project, the government is expecting to increase the yearly output to Rs. 85 crore per year in the next four years.

As per the project document, 2.25 hectares of land will be utilized for exotic cut flower production. "Another 24 hectares will be added for the nursery area...