Area under rubber up 3.6% in 2011-12 bl-premium-article-image

Our Bureau Updated - September 05, 2012 at 09:43 PM.

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The area under rubber cultivation has increased by 3.6 per cent in 2011-12 over the previous year.

The annual growth in rubber cultivated area in 2011-12 is comparable to the growth recorded in the last two years at 3.6 per cent and 3.7 per cent, respectively. The tapped area under rubber stands at 4.63 lakh hectares provisionally for 2009-10.

This information was given by the Minister of State for Commerce and Industry, Jyotiraditya Scindia, in a written reply to the Rajya Sabha on Wednesday.

The decision on planting rubber is mainly influenced by rubber prices, he said. The subsidy plans for new planting and replanting of rubber during the 12th Plan have not yet been finalised.

During the 11th Plan, this subsidy stood at 20 per cent of the development cost of raising plantations in traditional areas of Kerala and Tamil Nadu and 25 per cent of the development costs in non-traditional regions, including the North East.

Published on September 5, 2012 16:13