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Rubber Board

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.