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CCEA approves Integrated Coffee Development Project Scheme under Twelfth Plan

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Capital Market

Outlay of the scheme is Rs 950 crore during Twelfth Plan

The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for implementation of the Integrated Coffee Development Project of the Coffee Board during the Twelfth Five Year Plan (2012-13 to 2016-17). This is based on the recommendations by the Expenditure Finance Committee (EFC) in its meeting held on 26 September 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.

 

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First Published: Sep 10 2014 | 8:27 PM IST

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