REPLANTING

Replanting of Rubber in Estates

 

          The first plantations of the company was undertaken during 1972 by the Scheme and the company completed the planting of balance area of estates with rubber by 1978. The economical life of rubber is 32 years and hence the replanting in company’s estates should have been undertaken only by 2004. However the company has a social commitment of providing employment to repatriates workers by utilizing maximum processing facilities available in  factories. Hence in consultation with Rubber Board it was decided to go for earlier replanting ahead of normal schedule restricting the replanted area every year to around 150 hectares and to regulate the bark consumption of trees in the replanting area accordingly. The project report for replanting with total outlay of rupees five thousand three hundred and fifty nine lakhs (5359) was prepared during 1999 and the same was approved by the company and Government of Kerala for implementation. The nursery operations of the project started during the year 1999 and first planting as per schedule approved by Rubber Board, was undertaken in the company’s estates during 2001.

REVISED PROJECT COST

 

The project cost considered in the revised project consist of

(a)     Nursery cost for developing seedlings required for company’s estates in each year.

(b)    The cost of replanting and maintenance of rubber from year 2001-02 to 2019-20.

(c)     Cost of establishing infrastructural facilities like housing for labour fencing, cost of replacement of old vehicles and equipment every year.

 

            The total cost of the revised project has been worked out as Rs. 6556 lakhs as follows.                                                                                    

(Rupees in lakhs)

 

 

 

 

Revised

Project

a)

   Nursery

  170.04

 

 

b)

c)

d)

e)

f)

g)

   i)        Polybag

ii)                 Seedling

   Development Expenses

   Fencing Cost

   Contingencies 5%

   Maintenance of Fire Line of Immature area

   Insurance Immature Areas

   Capital Works

 

 

 

4586.99

  128.81

  247.51

    40.94

    64.16

1320.00

TOTAL                            6558.45