Budget fails to enthuse rubber growers

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The State Budget has failed to bring cheer to earthy rubber growers, who were hoping for a revision successful the stabilisation terms but were near with small beyond past year’s enactment terms hike to₹200.

Presenting the Budget connected Thursday, Finance Minister K.N. Balagopal referred to the hike successful the enactment terms of earthy rubber to ₹200, a measurement implemented successful October past year. He besides acknowledged the adverse interaction of the ASEAN statement connected the rubber assemblage and underlined the relation of the Union authorities successful ensuring a just terms for rubber growers.

“The agriculture assemblage has to beryllium relieved from the treble whammy of the ASEAN Agreement and the disturbance posed by wildlife. The astir terrible interaction of the ASEAN Agreement has been felt successful the rubber plantation sector. Since the statement came into force, rubber farmers person ne'er received a subsistence price. There is simply a concern wherever farmers and labourers are deserting agriculture. Soon, this volition impact the tyre manufacture successful India,” helium said.

According to Mr. Balagopal, the Rubber Board, the Ministry of Commerce of the Government of India and tyre manufacturers, who wield important power successful the rubber sector, are work bound to guarantee a just terms for farmers. “If this does not materialise, the State volition beryllium forced to instrumentality beardown and broad alternate improvement programmes,” helium added.

However, the lack of immoderate circumstantial announcements for the rubber assemblage has near growers, peculiarly tiny standard farmers, disappointed. “The nonaccomplishment to instrumentality the ₹250 basal terms promised by the Left Democratic Front nether the rubber inducement scheme, adjacent successful its last Budget, is disheartening. Under the KERA (Kerala Climate Resilient Agri-Value Chain Modernisation scheme), assistance for replanting is constricted to conscionable six districts, and the committedness to widen the strategy to different districts has besides not been fulfilled,” said Babu Joseph, General Secretary of the National Federation of Rubber Producers’ Organisations.

He pointed retired that the outgo of accumulation of rubber already exceeds ₹200, making the revision of the basal terms to ₹200 ineffective successful triggering immoderate meaningful revival successful the sector.

Former Rubber Board subordinate N. Hari besides described the Budget arsenic a letdown for rubber growers.

Meanwhile, the Budget has made provisions for labour payment successful the plantation sector, allocating ₹5 crore for payment measures and an further ₹10 crore nether the strategy for the operation of caller accommodation and the renovation of existing houses for labourers.

Published - January 29, 2026 06:18 p.m. IST

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