Sales of tribal products increases by 77%: TRIFED

New Delhi, April 27 : Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED) on Friday said it has recorded sales of tribal products of Rs 20.08 crores (provisional) in 2017-18 -- a record increase of 77 per cent in one year.

TRIFED also called the sales a "record" in the history of the federation, which created employment opportunities for 70,000 tribal families in 2017-18, it said in a release.

"Due to the massive drive of scaling up the retail marketing activities by TRIFED, the value of sales has increased from Rs 11.37 crore in 2016-17 to Rs 20.08 crore (provisional) during 2017-18, a record increase of 77 per cent," said the release.

On the sourcing front through the empanelled tribal suppliers and artisans, it has made purchases of Rs 15.86 crore (provisional) in 2017-18 as compared to Rs 5.95 crore a year ago-- an increase of 166 per cent, it said.

"The increase in procurement has resulted in enhancement of benefit to tribal artisans in terms of employment generation opportunities for 712 suppliers which helped create livelihood opportunities for around 70,000 tribal families during 2017-18 vis-a-vis 585 suppliers with around 57,500 tribal families during 2016-17 and increase of value of stocks to the extent of 166 per cent purchased from them over the last year," it said.



Source: IANS