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Source-This post on Rubber Board of India has been created based on the article “Aid for rubber plantation hiked” published in “Financial Express” on 20 February 2024.
Why in the news?
The government has recently increased the allocation for Sustainable and Inclusive Development of the Natural Rubber Sector by 23% to Rs 708.7 crore for the next two financial years. The scheme runs parallel with the tenure of the award of 15th finance commission and is run by the Rubber Board of India.
About Rubber Board of India
| Aspect | Details |
| Description | It is a statutory organization constituted under the Rubber Act, 1947. |
| Concerned ministry | It functions under the administrative control of the Ministry of Commerce and Industry |
| Headquarters | Kottayam, Kerala. |
| Structure | 1) The Board is headed by a Chairman appointed by the Central Government. 2) It has 28 members representing various interests of the natural rubber industry. |
| Functions | 1) It is responsible for the development of the rubber industry in the country by assisting and encouraging research, development, extension and training activities related to rubber. 2) It maintains statistical data of rubber. The Board also takes steps to promote marketing of rubber and undertake labor welfare activities. 3) It issues licences to rubber producers, manufacturers, and exporters/traders. This licence is known as the Rubber Board licence/registration. It is mandatory for rubber manufacturing and export. |
What are the favourable conditions for growth of rubber?
1) Temperature– It requires high temperature throughout the year – ranging between 20°-35°C or average monthly mean of 27°C.
2) Rainfall– It requires heavy rainfall. The annual average rainfall of not less than 200 cm is optimum. Rubber tree thrives well when the distribution of rainfall is uniformly high all over the year.
3) Soil– Deep, friable, well-drained soils are ideal for rubber cultivation They promote root development, and acidic soils are also suitable.
Some important facts about rubber production-
1) Thailand is the leading Rubber producing country in the world. Thailand is followed Indonesia and China at the second and third place respectively.
2) India stands at fourth position in Rubber production.
3) Traditional rubber-growing states comprising Kerala and Tamil Nadu account for 81% of production.
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