<h1>Government Boosts Rubber Industry with Import Duty Hike and New National Policy to Protect Domestic Producers.</h1> The government is addressing the decline in natural rubber prices, influenced by global and domestic market dynamics, including demand, supply, and economic factors. The National Bank of Agriculture and Rural Development reported production costs for traditional and non-traditional rubber regions. The government increased import duties on rubber to protect domestic producers and established an Expert Committee to develop a National Policy on Rubber. This policy aims to balance the interests of growers and the rubber industry, with natural rubber included in the exclusion lists of Free Trade Agreements to safeguard the domestic market.