Rubber Board to financially assist growers

By James Paul | 23 Feb 2002

1

Kochi: The Rubber Board will encourage marginal rubber-growers to go in for a joint processing and marketing of natural rubber, eventually leading to exports.

According to a plan to be implemented in the current fiscal, the board has decided to release an assistance of Rs 1.75 crore to Rubber Producers Societies (RPSs) and holding companies of the board to add facilities for quality upgradation of rubber and to reduce production costs.

As per the scheme, assistance to the tune of 75 per cent of the total cost for installing generators will be released as grant. Assistance will also be provided for putting up training centres, latex procurement centres and for employing pollution control methods.

The board has also decided to release a sum of Rs 20 lakh as share capital for modernising processing factories under the control of various RPSs. A Rs 13-lakh joint project with the Structural Engineering Research Centre, under the Council of Scientific and Industrial Research, to develop indigenous technology for the manufacture of earthquake-resistance bearings is also planned, said a board release.


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