kerala government increased msp on rubber farming by 10 rupees thousand of farmers will be benefited


Rubber Farming: Recently, farmers cultivating rubber have received a big good news. Rubber Board has increased the price by ₹ 5 to encourage manufacturers to increase rubber exports. After this decision of the Rubber Board, the Kerala Government has also increased the support price of rubber by ₹ 10. Due to which about one lakh farmers of the state will directly benefit. Let us know the complete news.

Increase in MSP of rubber

Under the Rubber Production Incentive Scheme (RPIIS), it has been announced to increase the base price of rubber from Rs 170 to Rs 180. Kerala Finance Minister KN Balagopal gave this information while presenting the budget. According to the report of New Indian Express, the aim of this scheme is to give rubber farmers the difference between the actual price in the market and the guaranteed rate of Rs 180. Rubber growing farmers can demand money from rubber production committees after submitting the bills. These bills will also be uploaded later on the government website by the regional officers of the Rubber Board.

More than 1.5 lakh farmers will benefit

The state government has also given Rs 24.48 crore to clear the dues under RPIIS. This decision of the government will benefit about 1.5 lakh small and marginal rubber farmers. Lok Sabha Elections As we come closer, rubber plantation has become a topic of discussion. Especially in Central Travancore.

Both the United Democratic Front and the Left Democratic Front have centered their election campaigns around the rubber issue. After this, now NDA Alliance is also paying attention to who cultivates rubber in its election campaigns. Meanwhile, NDA’s ally BDJS has requested the Central Government to increase the SP of rubber to Rs 250.

Also read: How rose cultivation can become a means of earning big money, here is the complete business plan



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