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Financial assistance for rubber sector
February 26 , 2024
276 days
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- The financial assistance for the Rubber sector has been increased by 23% from Rs 576.41 crore to Rs 708.69 crore.
- This is available for the next 2 financial years (2024-25 and 2025-26).
- This is held under the ‘Sustainable & Inclusive Development of Natural Rubber Sector’ scheme.
- Planting of rubber will be undertaken on 12,000 hectares in traditional areas during 2024-25 and 2025-26 with an outlay of ₹43.50 crore.
- For this, the rate of assistance has been increased to ₹40,000 per hectare from the earlier ₹25,000 per hectare.
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