TECHNICAL INFORMATION
Economics of Sandalwood Cultivation:- Well, the rate or price of sandalwood or any medicinal plants varies every year and depends on market conditions. The Sandalwood tree having 20 grade like
- Heart Wood : Rs.7000/- to 12000/- Per Kg (Depends on Oil and Quality of Wood)
- Root Wood : Rs.4500/- to 6500/- Per Kg (Depends on Oil and Quality of Wood)
- White Sapwood : Rs.1000/- to 1500/- Per Kg
- Bark & Waste : Rs.500/- to 750/- Per Kg
Subsidy and Loan for Sandalwood Cultivation in India In India, there is a subsidy and loan facility available for the farmers who wants to grow sandalwood. There are many banks including NABARD are financing for commercial cultivation of sandalwood projects. NMPB (National medicinal plants board) is also providing subsidies on sandalwood projects. Please contact them directly for more and current subsidy/loan information.