Integrated Coffee Development Project at Rs 950 cr
Updated: Sep 11, 2014 12:00:13pm
“The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the proposal for implementation of the Integrated Coffee Development Project of the Coffee Board during the 12th Five Year Plan (2012-13 to 2016-17),” CCEA said in a release yesterday.
This is based on the recommendations by the Expenditure Finance Committee (EFC) during its meeting held on September 26, 2013.
The projected outlay of the scheme is Rs 950 crore during the five year period of the 12th Plan.
The main objective of the Scheme is to develop improved varieties and technologies for increasing production, productivity and quality of coffee, to promote Indian coffee in overseas and domestic markets, and encourage value addition to improve unit value realization. (KNN/SD)