Question: KVIC recently(February 2022)proposes lifting of “Export Prohibition” on which of the following product ?
A. Bamboo Charcoal
B. Natural Rubber
C. Coir Board
D. None of the above
Answer – (A)
Related facts
- KVIC recently(February 2022) proposes lifting of “Export Prohibition” on Bamboo Charcoal.
- Reason – due to higher profitability of bamboo industry.
- ‘Inadequate utilization’ is bamboo industry’s biggest challenge in recent years.
- However, export of bamboo charcoal would ensure complete utilization of the bamboo waste and thus make the bamboo business more profitable.
- It is notable that bamboo is mostly used in manufacturing of Agarbatti wherein, a maximum of 16%, i.e. the upper layers of the bamboo, is used for manufacturing of bamboo sticks while the remaining 84% of bamboo is a complete waste.
- The Bamboo waste generated in Agarbatti and bamboo craft industries is not being utilized commercially, as a result, the Bamboo input cost for Round Bamboo Sticks is in the range of Rs 25,000 to Rs 40,000 per MT as against the average Bamboo cost of Rs 4,000 to Rs 5,000 per MT.
- Compared to this, the Bamboo price in China is Rs 8,000 to Rs 10,000 per MT but their input cost is Rs 12,000 to Rs 15,000 per MT owing to 100% waste utilization.
- Bamboo waste can be best utilized by making “Bamboo Charcoal” which, though, has a very limited use within the domestic market but it is hugely in demand in the international market.
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