Tripura initiates steps to promote commercial cultivation of Agar

Tripura expects to export 75,000 kg of Agar chips and 1,500 kg of Agar oil in the current financial year. The state has over 50 lakh trees are available in the state.

BCCL - Non Copyright
Tripura has initiated steps to promote commercial cultivation of Agar.

Agar is used in perfumeries and other industries

Tripura Chief Minister Biplab Kumar Deb on Friday met Prime Minister Narendra Modi and sought his intervention to facilitate export of Agar oil and Agar chips to abroad.


Tripura expects to export 75,000 kg of Agar chips and 1,500 kg of Agar oil in the current financial year. The state has over 50 lakh trees are available in the state.

Tripura government has come up with Tripura Agar Wood Policy 2021’, which proposed to double agar wood plantation by 2025. The state had a potential of agar trade of Rs 2000 crore.

Under the policy, testing laboratories and trade centres would be set up and new technology for artificial inoculation would be introduced,.
ADVERTISEMENT

Deb tweeted "Agarwood and its products have immense potential to transform the economy of #Tripura.Held an important discussion with Hon'ble PM @narendramodi ji last evening on sustainable development of Agarwood sector with a focus on value addition, R&D, testing & enhanced cultivation."

In another tweet he said, "Always a pleasure to meet Hon’ble Minister of Commerce and Industry & Minister of Consumer Affairs, Food and Public Distribution & Textiles Shri @PiyushGoyal ji. Discussed regarding fixing the quota for export of Agarwood and Agar products under CITES. He assured me full support."

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Agriculture › Tripura initiates steps to promote commercial cultivation of Agar
Text Size:AAA
Success
This article has been saved

*

+