To energize the medicinal plants’ cultivation throughout India “The National Medicinal Plants Board (NMPB)” offers up to 75% subsidy to the farmers.Source
NMPB has formulated schemes and guidelines for financial assistance in various zones of medicinal plant division secured under Promotional and Commercial plans relevant both for government and non-government associations. Farmers across the nation are getting financial assistance by the AYUSH Ministry to empower the cultivation of herbs and other medicinal plants. A subsidy, as high as 75 percent, is being given as a feature of a Centrally Sponsored Scheme.
At present, many of medicinal plants species have been prioritized for supporting cultivation across the nation for which subsidy is provided to the farmers, such as 75% subsidy for highly endangered medicinal plants, 50% for the cultivation of critically declining medicinal plants and 30% for other therapeutic plants species which need support.
Below is the Prioritized list of Medicinal Plants for cultivation under Scheme of NMPB
Plants eligible for 30% subsidy
Total 55 species of medicinal plants in India are eligible for 30% subsidy including, Neem, Brahmi, Tulsi, Pippali, Isabgol, Ghritkumari, Dalchini, Tejpat, Kapoor, Chirmati, Vach, Adusa, Smaller Galanga, Kalmegh, Artemisia, Shatavari, Pashnabheda, Pinarnava, Senna, Patang, Sadabahar, Malkagani, Mandookparni, ShwetMusali, Arni, Aparajita, Patherchur, Shankhpushpi, Krsnasariva, Rotalu, Bringaraj, Amla, Kokum, Vai Vidang, Gudmar, Kapurkachari, Anantmool, Kurchi, Trivrit, Indian Crocus, Chandrasur, Konch, Bhumiamlaki, Bakuchi, Manjishha, Flannel Weed, Kathel-badhi, Makoy, Madhukari, Pawad, Arjuba, Bahera, Harad, Giloy, Nirgundi, and Aswagandha.
Plants eligible for 50% subsidy
Total 27 species including Katha, Beal, Mulethi, Shirish, Varun, Gambhari, Chitrak, Agnimanth, Beejasar, Ashok, Timoor, Patala, Rohitak, Sarpgandha, Indian Valerian, Prishnaparni, Hrddhatri, Archa, Vidarikand, Nagakeshar, Jivanti, Pushkarmool, Kalihari, Sarivan, Atropa, and Satvin.
Plants eligible for 75% subsidy
A total of 13 species of medicinal plants are eligible for a 75% subsidy including Chandan, Jatamansi, Atees, Agar, Guggal, Kutki, Raktachandan, Bankakri, Syonaka, Vatsnabh, Daruhaldi, Kuth, and Chirata.