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Publish Date : 18-Jun-2015

The Kerala government has asked the Center looking for Rs 500 crore for giving help under the cost assistance endowment plan to the battling natural rubber agriculturists in the state. In such manner, state finance minister KM Mani, who met Union Finance Minister Arun Jaitley, has presented a memorandum. The state government intends to secure 50,000 tons of rubber at Rs 150 every kg under the plan, for which, it had reserved Rs 300 crore in the state Budget.

Mani said, “Rubber farmers will be provided a subsidy, that is the difference of the daily price published by the Rubber Board and the support price of Rs 150. The scheme is being implemented in collaboration with the Rubber Board. This will ensure that all small rubber growers get an assured price of Rs 150 each kg of rubber.” The current price for benchmark RSS-4 grade rubber is at Rs 131 every kg.

Noticing the state government means to establish finance not surpassing Rs 500 crore from its budgetary facility for the reason, Mani said the reserved sum would be adequate just to develop support for the buy of 25% of rubber created in the state. “This will be too inadequate to bolster rubber plantation and provide meaningful assistance to farmers,” he said.

“I request Government of India to extend Rs 500 crore support from the Price Stabilisation Fund to supplement the resources of the state,” Mani said in the memorandum, adding the assistance would provide relief to one million rubber growers in the state. Mani likewise expressed the recent choice of the Center to keep Kerala out of rubber subsidy scheme had managed a colossal hit to ranchers in the state and has requested its reexamination.

He said the choice had take a swing at during a period when ranchers in the state were squeezing for the upgrade of rubber investment and were reeling under a sharp fall in rubber cost from Rs 240 to Rs 120/kg. He said the endowment for elastic re-plantation ought to be increased to Rs 50,000 every hectare from the current Rs 25,000. Mani further looked for appointment of a full-time chairman for the Rubber Board. Cureently, Spices Board director A Jayathilak is holding the additional charge of the Board.

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