Approval for the continuation of the Sustainable and Inclusive Development of Natural Rubber Sector scheme

No: ----- Dated: Feb, 12 2014

Approval for the continuation of the Sustainable and Inclusive Development of Natural Rubber Sector scheme

The Cabinet Committee on Economic Affairs has approved the continuation of the “Sustainable and Inclusive Development of Natural Rubber Sector” scheme with an outlay of Rs.960 crore in the 12^th Plan with some modification as recommended by the Expenditure Finance Committee (EFC).

Component wise and year wise break up of outlay for the 12^th Plan is as under:

S. No.	Component	2012-13	2013-14	2014-15	2015-16	2016-17	Total
1	Plantation Development and Extension	123.56	130.21	144.15	152.66	176.41	726.99
2	Strengthening Research	15.85	20.68	22.90	24.73.	27.04	111.20
3	Technology Up-gradation and Market Development	10.47	9.58	10.08	11.03	12.09	53.25
4	Human Resource Development	5.90	6.54	6.74	6.89	6.99	33.06
5	Infrastructure Development	4.18	5.64	5.56	5.42	4.70	25.50
6	Statistical Services, Information Services and Governance Programme	----	2.99	2.36	2.41	2.24	10.00
	Total	159.96	175.64	191.79	203.14	229.47	960.00

The main objective of the scheme is to enhance natural rubber production and productivity. This would be through expanding planted area, accelerating rubber plantation development programmes in non-traditional regions including the North-East, intensifying research to evolve appropriate technologies for rubber cultivation, processing and end product manufacturing and transferring technology through training and extension services.