The Cabinet Committee on Economic Affairs has approved the continuation of the “Sustainable and Inclusive Development of Natural Rubber Sector” scheme with an outlay of Rs.960 crore in the 12^th Plan with some modification as recommended by the Expenditure Finance Committee (EFC). 

Component wise and year wise break up of outlay for the 12^th Plan is as under:

The main objective of the scheme is to enhance natural rubber production and productivity. This would be through expanding planted area, accelerating rubber plantation development programmes in non-traditional regions including the North-East, intensifying research to evolve appropriate technologies for rubber cultivation, processing and end product manufacturing and transferring technology through training and extension services.

Continuation of a sector development scheme extends funding and componentised support to boost natural rubber productivity and technology transfer. Continuation of the Sustainable and Inclusive Development of Natural Rubber Sector scheme approved with a 12th Plan outlay of Rs.960 crore, allocated year wise across components including plantation development and extension; strengthening research; technology up gradation and market development; human resource development; infrastructure development; and statistical, information and governance services, to enhance production and productivity through area expansion, research, technology dissemination and extension services.