Rubber growers urge Union government to hike import duty on compound rubber to 25%

5 months ago 1
ARTICLE AD BOX

Rubber growers urged the Union authorities to summation the import work connected compound rubber from the contiguous zero to 5 per cent complaint to the maximum 25 per cent complaint to prevention home rubber farmers.

At a league organised connected November 29 by Karnataka State Rubber Belegarara Hitarakshana Vedike successful relation with cooperative societies dealing with rubber successful the State, the growers besides urged the Union authorities to hole the basal terms of rubber for imports astatine ₹258 per k.g.

They demanded that some the Union and State governments dainty earthy rubber arsenic an cultivation merchandise and bring it nether the Horticulture Department by taking it retired of the Commerce Department.

The growers urged the State authorities to hole ₹258 per k.g. arsenic the minimum enactment terms (MSP) for earthy rubber to forestall rubber growers from cutting their trees owing to the clang successful prices for the past 15 years.

The farmers demanded that the State authorities bring earthy rubber nether a weather-based security strategy and found a terms stabilisation money for earthy rubber.

Zero per cent import work

Speaking astatine the conference, elder economist Vigneshwar Varmudi said that astir 27 per cent of compound rubber is imported to the state astatine zero per cent import duty, chiefly from Association of Southeast Asian Nations (ASEAN) and SAARC Preferential Trading Arrangement (SAPTA) countries. This is the main crushed for the prices of earthy rubber falling and not maintaining stableness successful the home market, helium explained.

Mr. Varmudi said that galore growers successful the State person begun cutting rubber trees owing to the terms crash. They are replacing rubber plantations with arecanut plantations and are utilizing the aforesaid onshore for operation activities.

The elder economist said that India has imported astir 5 lakh tonnes to six lakh tonnes of rubber successful the past 5 years. When imports increase, the home marketplace is affected and it results successful terms instability of earthy rubber successful the home market.

The state imported 3.05 lakh tonnes of earthy rubber and 1.08 lakh tonnes of compound rubber betwixt April and November during 2024-25, helium said, adding that the import was chiefly from ASEAN countries. The import of earthy rubber and compound rubber from these countries during 2023-24 stood astatine 3.82 lakh tonnes and 1.14 lakh tonnes, respectively, helium said.

“India imported 1.13 lakh tonnes of compound rubber without immoderate import work during 2023-24 and the work escaped compound rubber imported during April-November of 2024-25 stood astatine 1.07 lakh tonnes,” Mr. Varmudi added.

Quoting the statistic of the Indian Rubber Board, the elder economist said that the state produced 8.75 lakh tonnes of earthy rubber during 2024-25 portion home depletion stood astatine 14.25 lakh tonnes. “Between the accumulation and demand, determination is simply a spread of astir 5.50 lakh tonnes. The request for rubber successful the state is growing,” Mr. Varmudi noted, stressing connected the request to person power implicit the import of rubber.

Published - November 29, 2025 07:47 p.m. IST

Read Entire Article