The Rubber Board has presented a detailed plan to the commerce ministry in this regard. The economic and finance committee under the ministry will examine the proposal and forward it to the plan panel for approval.
Futures trading in rubber has become a major worry for the Rubber Board and farmers in India.
With elections elsewhere in India showing that multi-pronged contests usually work to the BJP's favour, the party can gain if it hangs on stubbornly. In the meantime, any additional support helps. That is why the archbishop's comment attracted political traction in Kerala, observes Shyam G Menon.
The Rubber Board has identified 1 lakh hectares as potential area under rubber in the state, of which roughly 31 per cent has already come under cultivation.
According to Rubber Board officials, Tripura is well poised to emerge as the next natural rubber capital of India after Kerala.
According to the Rubber Board, India's rubber production has fallen to a third in last three months.
Fears of the Indian rubber market over Futures trading well prominently figure in the World Rubber Summit to be held in Bangkok from May 14 to 18.
These plantations are not only eating into the land occupied by the region's native forests, they could also disturb the ground water reserve and soil quality
Riding over robust domestic market demand, India has now overtaken US to become the world's second largest consumer of natural rubber after China.
Futures trading in natural rubber has always been a bone of contention for traders, growers and manufacturers for quite sometime in India.
Soon, rubber fencing might come up along the Indo-Bangladesh border.
The applicants should be of the age group 18 to 51. Their monthly income should not exceed Rs 5,000. Application forms and other details can be obtained from the head office of the Rubber Board at Kottayam and other regional offices.
India has emerged as the world's largest producer of rubber.
Industry seeks cut in customs duty on natural rubber.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
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