(The Gist of PIB) New National Rubber Policy [JULY-2019]

    (The Gist of PIB) New National Rubber Policy [JULY-2019]

New National Rubber Policy

• The Department of Commerce brought out the National Rubber Policy in March 2019.

About the policy

• The National Rubber Policy includes several provisions to support the Natural Rubber (NR) production sector and the entire rubber industry value chain.
• The Policy covers new planting and replanting of rubber, support for growers, processing and marketing of natural rubber, labour shortage, grower forums, external trade, Centre-State integrated strategies, research, training, rubber product manufacturing and export, climate change concerns and carbon market.
• National Rubber Policy is based on the short term and long term strategies identified by the Task Force constituted on the rubber sector for mitigating problems faced by rubber growers in the country.
• The Task Force held extensive consultations with various stakeholders of rubber sector.
• Prior to the notification of the National Rubber Policy, stakeholders’ views were obtained.

Key highlights

• The policy is expected to benefit natural rubber growers and promote the natural rubber production sector.
• Developmental and research activities for supporting NR sector for the welfare of growers are carried out through Rubber Board by implementing the scheme Sustainable and Inclusive Development of Natural Rubber Sector in the Medium Term Framework (MTF) (2017-18 to 2019-20).
• The developmental activities include financial and technical assistance for planting, supply of quality planting materials, support for grower forums, training and skill development programme.

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Courtesy: PIB