The Khadi and Village Industries Commission (KVIC) is exploring the untapped but highly profitable venture of sandalwood and bamboo tree plantation to monetise its assets To encourage commercial Chinnegowda planted about 3,000 sandalwood trees, a highlyendemic species, in about 100 acres of land in 0506 Depending on 11 borewells and two open wells, he cultivated banana, pomegranate and lime in the rest of the landEucalyptus plantations Madhya Pradesh Eucalyptus was first introduced in MP on an experimental scale during 1965 ~66 Large scale plantations of eucalyptus covering an area of 45,000 ha were raised since 1966 After 1974, eucalyptus was planted only in mixtures under Social Forestry Schemes
Kvic Launches Sandalwood And Bamboo Plantation A New Initiative To Spur Monetization Of Its Assets Indian Industry Plus