MSME Minister Nitin Gadkari emphasizes on bamboo potential worth Rs 30,000 Cr
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New Delhi, Mar 23: The Union Minister for Micro, Small and Medium Enterprises, Nitin Gadkari while addressing a virtual exhibition on Bamboo Technology, Products and Services on Mar 23 said that there is a need to increase demand for bamboo. The exhibition was organised by the Indian Federation of Green Energy (IFGE).
Union Minister Gadkari said that bamboo has the potential to be used as an alternative to coal and can also be used in construction. The Minister said that use of jute and coir mattresses is soon going to be made mandatory for all NHAI roads. He advocated varied use of traditional materials like jute, coir and bamboo by developing them further.
Union Minister Nitin Gadkari expressed hope that, with integrated efforts from all stakeholders, the Indian bamboo industry will be worth Rs 25-30 thousand crore. Technologically proven, cost effective and attractive product designing can establish and promote the use and demand of bamboo, which will encourage people to go for bamboo plantation.
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The minister assured all assistance from the Union Ministry of MSME for any scheme related to promotion of bamboo. He also said that we need more research, more appropriate approach for product development as well as market support. He further said that he is trying to get 50 per cent subsidy from Railways for bamboo and bamboo sticks.
At the address of the exhibition, Union Minister Gadkari emanated confidence that increasing use and requirement of bamboo will lead to increase in its plantation. He said that bamboo can also be used to make bio-CNG and charcoal and IITs can be roped in to conduct further research on this with the help of special grants from Bamboo Mission.