SPB- CONTRACT FARMING PROGRAMME

SESHASAYEE PAPER AND BOARDS LIMITED ,
ERODE -7

1. About the Company

2. Production

Annual production:  1,20,000 M.T or 350 M.T per day

3. Raw Material Requirement (M.T per annum)

 Wood : 3,00,000
 Bagasse : 2,00,000
 Waste Paper : 4,000

4. Raw Material used

5. Variety of wood planted under Contract Farming

6 Financial Assistance

Loan issuing Banks:

  1. Indian bank
  2. Syndicate Bank
  3. City Union Bank

Loan amount:

Eucalyptus : Rs. 15,000 in 5 years in 5 installments
Casuarina : Rs. 20,000 in 3 years in 3 installments

Farmers have to produce, chitta , Adangal ,FMB and no objection     certificate from the nearby banks to Loan issuing Bank.

7.Services provided by SPB

8. Benefits to Farmers

9. Contract Farming Status

Introduced in the year 2005 :
Acres covered during 2005 -2006 : 3011
Acres covered during 2006-2007 : 5602
Acres covered during 2007-2008 : 3840
Acres covered during 2008-2009
: 2404
Acres covered during 2009-2010 : 1103 (as on 30.11.2009)
Total   15960 acres

10. Target

To cover 6000 acres every year

Eucalyptus : 1000 acres
Casuarina : 35000 acres

Eucalyptus to be planted with Clones only.

11. SPB Nursery

SPB has  two  advanced nurseries  with following facilities

12. Cost of Seedlings / Clones

Casuarina Seedlings : Rs. 1.00 per seedling
Clones : Rs. 3.00 per per clone