Sustainable & Inclusive Development Of Natural Rubber Sector (SIDNRS) Scheme:
The financial assistance for the Rubber sector under the ‘Sustainable & Inclusive Development of Natural Rubber Sector (SIDNRS)’ has been increased by 23% from Rs 576.41 crore to Rs 708.69 crore for the next 2 financial years (2024-25 and 2025-26).
- The government has also announced plans to set up three nodal Rubber Training Institutes in the Northeast to promote the development of rubber-based industries in the region.
- It will also promote the formation of Rubber Producers Societies (RPS) for the empowerment of rubber growers.
- Sustainable & Inclusive Development of Natural Rubber Sector (SIDNRS) Scheme is an initiative by the Government of India to promote the sustainable and inclusive development of the natural rubber sector in India.
- The SIDNRS scheme was launched in the FY 2017-18.
- It is implemented by the Rubber Board, a statutory body under the Ministry of Commerce and Industry.
- Objectives of the Scheme is to improve the productivity and quality of natural rubber production.
