Kerala to Launch Single-Window System for Plantation Sector
By Rediff Money Desk, KOCHI Jan 20, 2024 20:49
Kerala Law Minister P Rajeeve announces a single-window system to expedite repurposing of plantation land. The system will come into effect in 2024-25.
Kochi, Jan 20 (PTI) Kerala Law Minister P Rajeeve said on Saturday the state is progressing towards implementing a single-window system to expedite the repurposing of five per cent of the state's plantation sector for other purposes.
Authorities are making the move to overcome practical hazards in getting official approval for non-plantation projects in the sector, he said after inaugurating the second edition of the Kerala Plantation Expo in the city.
"We are set to soon convene a meeting of all the allied departments. The single-window system will come into existence at the start of the next financial year (2024-25)," said Rajeeve, who is also the Minister for Industries and Coir.
The three-day event, being organised at Jawaharlal Nehru Stadium by Plantation Directorate of the State Industries Department, is hosting an array of special business-to-business meets amid a grand showcase of the products and services in the sector.
At the opening ceremony, presided over by T J Vinod, MLA, the minister noted that renovation of the quarters for the plantation labourers has been a major issue adding to the financial burden of the owners.
To mitigate this, the government will bear fully or partly the interest on the loans the plantation owners take to renovate old quarters.
"A meeting being convened on January 25 will work out the plan on this matter," he said.
Further, the government has included plantation under a World Bank project for replanting the estates for their improved productivity.
The Kerala Rubber Ltd, which is set to begin operations at Velloor in Kottayam district, will go beyond the conventional use of the product.
The product will cater to value addition, besides sectors such as defence and health. The state will also see startups in the area of rubber, the Minister said.
The state's MSME sector saw the start of no less than 2.10 lakh enterprises till date from the 2022-23 fiscal, Rajeeve said.
"This generated 4.5 lakh job opportunities. As for the current financial year, the first three quarters (ending December 2023), MSME units got loans totalling Rs 81,000 crore from various banks," he added.
Industries and Commerce Director S Harikishore, who is Special Officer, Plantation, said the department has entrusted IIM-Kozhikode to study the issues facing the state's plantation sector and prescribe solutions.
"Based on that report, we will go for a comprehensive policy for the sector," he revealed in the welcome address.
Authorities are making the move to overcome practical hazards in getting official approval for non-plantation projects in the sector, he said after inaugurating the second edition of the Kerala Plantation Expo in the city.
"We are set to soon convene a meeting of all the allied departments. The single-window system will come into existence at the start of the next financial year (2024-25)," said Rajeeve, who is also the Minister for Industries and Coir.
The three-day event, being organised at Jawaharlal Nehru Stadium by Plantation Directorate of the State Industries Department, is hosting an array of special business-to-business meets amid a grand showcase of the products and services in the sector.
At the opening ceremony, presided over by T J Vinod, MLA, the minister noted that renovation of the quarters for the plantation labourers has been a major issue adding to the financial burden of the owners.
To mitigate this, the government will bear fully or partly the interest on the loans the plantation owners take to renovate old quarters.
"A meeting being convened on January 25 will work out the plan on this matter," he said.
Further, the government has included plantation under a World Bank project for replanting the estates for their improved productivity.
The Kerala Rubber Ltd, which is set to begin operations at Velloor in Kottayam district, will go beyond the conventional use of the product.
The product will cater to value addition, besides sectors such as defence and health. The state will also see startups in the area of rubber, the Minister said.
The state's MSME sector saw the start of no less than 2.10 lakh enterprises till date from the 2022-23 fiscal, Rajeeve said.
"This generated 4.5 lakh job opportunities. As for the current financial year, the first three quarters (ending December 2023), MSME units got loans totalling Rs 81,000 crore from various banks," he added.
Industries and Commerce Director S Harikishore, who is Special Officer, Plantation, said the department has entrusted IIM-Kozhikode to study the issues facing the state's plantation sector and prescribe solutions.
"Based on that report, we will go for a comprehensive policy for the sector," he revealed in the welcome address.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.17 ( -6.43)
- 158804255
- G V Films
- 0.92 ( -2.13)
- 92620172
- Srestha Finvest
- 0.93 (+ 4.49)
- 40021818
- GTL Infrastructure
- 2.21 ( -4.74)
- 33334323
- Spicejet Ltd.
- 57.56 ( -8.33)
- 31426149
MORE NEWS
Augustinus Bader Skincare & Haircare Launches...
Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...
Muthoot Finance Gold Loans Now Available on...
Muthoot Finance announces that its flagship gold loans can now be availed using Google...
NCERT Books Now Available on Amazon India
NCERT textbooks for students from Kindergarten to Class 12 and UPSC aspirants are now...