Maharashtra is a key supplier of tomatoes to the country during July and August.
Whichever way you look at it, the IRR is really high: 31% in the baseline scenario. Even in an ultra-conservative scenario where the baseline yields and output price are halved, and just 30% of the saplings survive, our estimated IRR is still a respectable 6% - similar to the rate of return on NREGA wells in the IHD study cited earlier.
The group made the pledge to plant 10 crore tress at the 1t.org — the 'Trillion Trees Platform' of the World Economic Forum (WEF). The platform is a multi-stakeholder platform spearheading aglobal movement to conserve, restore and grow 1 trillion trees by 2030, in support of the UN Decade on Ecosystem Restoration.
Apollo Tyres, CEAT, JK Tyre and MRF together pledged Rs 1,100 crore over the next five years as a "business investment" to increase rubber plantation in seven states of the region and West Bengal, ATMA chairman Satish Sharma said.
The forest department said it has conducted a detailed analysis of the land available for plantation in the Yamuna floodplains, considering the Centre's project to rejuvenate 13 major rivers, including the Yamuna, through forestry intervention.
Garuda will use its recently launched drone, Vriksh Vaahan, to plant the seeds to commemorate India's 75 years of independence.
A Memorandum of Understanding was signed between Rubber Board and ATMA on March 1. Participating tyre companies together transferred Rs 12 crore to the account set up by Rubber Board on May 20 and funds provided by the tyre companies are being used for procuring planting materials to commence planting.
India’s palm oil industry is now gearing up to position palm oil as a healthy option for consumers.