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NMPB Offers Upto 75% Subsidy for Medicinal Plants Cultivation

Source: KrishiJagran

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.

A rising interest in thousands of years old Indian medical system

The following article was contributed via the Embassy of India in Korea as part of its efforts to promote Ayurveda, a natural system of medicine, originated in India more than 3,000 years ago. ― ED.

By Song Han-young (Excerpts) | Source : Korea Times

In Korea, the term “medicinal herb” is more familiar than “natural herb.” And when it comes to medicinal herbs, people naturally think of Oriental or Chinese medicine. But the West is more familiar with Ayurveda. In fact, according to the business report, “Future Market Insight 2017,” 57.8 percent of the herbal drug market is Ayurvedic products. This means that Ayurveda acquires more than half of the global herb market. According to Google Trend Search, the search volume of Ayurveda is more than four times higher than that of Chinese medicine. The gap is gradually growing. This also implies that Ayurveda is better-known worldwide than Chinese medicine.

Interest in Ayurveda is increasing gradually in Korea as well as in the West. “Oil pulling” and “coffee mixed with coconut oil or butter” which is a trend these days, are based on Ayurvedic health methods. In addition, a Korean corporation has recently developed Ayurveda-based lifestyle products, and small and medium-sized enterprises are also launching products with Ayurveda concepts one by one.

Growing interest in Ayurveda from global trends to medical systems and real-life products signifies that awareness of Ayurveda is being raised in Korea. We look forward to the day when the “holistic health method” handled by Ayurveda will also shine in Korea. (As written in Korean Times – not an article written by Herbya)