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The Tripura Agarwood Policy 2021


Directorate

Department of Forests

Incentives for the artificial induction of Agarwood -

1.inoculation of agar tree of 8-10 years of age,
2. Inoculum production units will be encouraged in collaboration with the institutes that are already doing research on the microbes.
3. state government may take steps so that banks finance such projects, preferably in the priority sector.

Incentives for processing of Agarwood-

1. Capital Investment Incentives relevant provisions under Tripura Industrial Promotion Scheme and NEIPP scheme of Government of India.

Incentives for Research

1. Research related to novel techniques of induction of agarwood extending special incentives as and when required.

Support to Training and Capacity Building

1. For the participation in national and international trade fairs/exhibitions;
2. For development of online portal for marketing of agarwood products;
3. For arranging buyers and sellers meet from time to time