In a bid to assuage the concerns raised by rubber growers ahead of the upcoming Parliament elections, the Union government has rolled out a comprehensive suite of welfare programmes tailored for the rubber plantation sector.
Although the much expected minimum support price (MSP) remains absent, the government has increased subsidies for new planting or replanting. A set of initiatives to boost productivity, quality, and better price realisation too have been rolled out.
Addressing the media here on Thursday, Rubber Board chairman Sawar Dhanania said the allocation under the sustainable development plan of the natural rubber sector scheme would rise by 23% to ₹708.69 crore for the remaining two financial years.
