The Rubber Board has decided to provide financial assistance to support formation of Rubber Producers’ Societies (RPSs) and Self Help Groups (SHGs).

According to a release, the scheme also has provision to support special programmes aimed at the socio-economic development of the resource-poor farmers and their families.

The scheme is meant for the development of the small holding sector, which is responsible for the major share of natural rubber (NR) production in the country. It is also intended to promote group approach for the effective modernisation and improvement of the NR sector, as individual approach is not practical to a large number of such holdings.

The rate of assistance is Rs. 6000 for the formation of new RPSs and Rs. 3000 for SHGs. Such RPSs/SHGs will be provided with 150 budded stumps and 200 metres of budwood at 50 per cent cost fixed by the Board or Rs. 2500 per RPS/SHG, whichever is less is raising rubber nursery. Fifty per cent of the actual expenditure or Rs. 5000, whichever is less shall also be granted to these RPSs/SHGs for conducting medical camps.

Keywords: KeralaRubber boardSHGs