The Rehabilitation Plantations Ltd
The Rehabilitation Plantations Ltd., Punalur (RPL) started as a government rubber plantation scheme in 1972 for the settlement of Sri Lankan repatriates which was necessitated by Sirimao-Shastri Agreement of 1964. Later on it was formed into Government Company and incorporrated on 5 May 1976. The authorised share capital of the company is Rs.350.00 lakhs and the paid up capital is Rs.339.27 lakhs. The share capital contribution of Government of India is 40% and remaining 60% was contributed by Government of Kerala.
The Company has settled 700 repatriate families from Sri Lanka. Two members from each family are provided with employment in the company. At present the company employs to 1300 workers, 185 staff members and 32 officers in the company.
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“The greater speed and success that distinguish the planting of the human race in this country, over all other plantations in history, owe themselves mainly to the new subdivisions of the State into small corporations of land and power.”
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