Rubber Board:
The government has 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 and the scheme is run by the Rubber Board.
- Rubber Board is a statutory organisation constituted under the Rubber Act, 1947.
- It functions under the administrative control of the Ministry of Commerce and Industry.
- 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.
- It also maintains statistical data of rubber, takes steps to promote marketing of rubber and undertake labour welfare activities.
- A crucial function of the Rubber Board is issuing licences to rubber producers, manufacturers, and exporters/traders.
- This licence, known as the “Rubber Board licence/registration,” is mandatory for anyone involved in rubber manufacturing and export
- It is headed by a Chairman appointed by the Central Government.
- It has 28 members representing various interests of the natural rubber industry.
