Facts for Prelims (FFP)
Source: PIB
Context: The financial assistance for India’s rubber sector has been increased by 23% for the fiscal years 2024-25 and 2025-26 under the ‘Sustainable & Inclusive Development of Natural Rubber Sector’ initiative.
- This enhancement aims to support various facets of the rubber industry, including the expansion of rubber planting in traditional and non-traditional areas, improvement of rubber production quality, and empowerment of rubber growers through the formation of 250 Rubber Producers Societies (RPS) over the next two years.
