GoI sets up Centre of Excellence for coir applications
The Coir Board signed a Memorandum of Understanding with IIT Madras. The memorandum aims to set up a Centre of Excellence for Coir Applications.
Under the MoU, the Centre of Excellence is to extend the research work of the coir sector with the support of IIT Madras. The MoU will extend the use of Coir Geo Textiles. The Coir Geo Textiles are used to prevent soil erosion in river embankments, slopes and mine slope stabilization. The Coir Geo Textiles can also be used in low volume rural roads as re-enforcement material.
Role of Centre of Excellence
The Centre of Excellence of Coir applications will assist in generating technology transfer and Intellectual Property Rights. It will provide financial assistance of Rs 5 crores for a period of two years. Around 27 areas of Research and Development have been identified that are to be taken up by the Centre of Excellence. This includes 10 projects of IIT-Madras.
Significance of Coir
India and Sri Lanka are the leading producers of Coir. Together, they account to 90% of global coir fiber production.
In India about 5.5 lakh persons are employed in coir industry. The seventh and eight plans focused exquisitely on the development of coir industry. India utilises only 50% of the coconut husks in the coir industry. The remaining husks are used as fuel in rural areas. With just 50%, India today fulfils two-thirds of the coir product needs in the world.
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs