Business EconomyPosted at: May 30 2020 1:27PM

Production of Natural Rubber rises to 7.12 lakh tonnes in India

Kottayam, May 30 (UNI) The production of natural rubber in the country rose to 7.12 lakh tonnes, registering a growth rate of 9.4 per cent during 2019-2020.
The production crossed seven lakh tonnes for the first time since 2014-15.
The rise in production was attributed to several activities initiated by Rubber Board at Regional and field levels, with active cooperation of rubber producers' societies, Rubber Board Executive Director K N Raghavan said in a statement here.
The overall tapped area increased by 40,000 hectares during the period while the rain-guarded area was 2.50 lakh hectares, up by about 40000 hectares. This was in addition to 4,000 hectares brought in through the plantation adoption programme of the board.
The volume of consumption was down from 12,11,940 tonnes in 2018-19 to 11,34,120 tonnes in 2019-20. At the same time, the production consumption gap also declined to around 4,22,000 tonnes from 5,61,000 tonnes the previous year.
The import volume marked a decline of 20 per cent while exports increased from 4,551 tonnes in 2018-19 to 12,194 tonnes in 2019-20.
The statement projects the production of Natural rubber for the current fiscal at 7.10 lakh tonnes, taking into consideration the crop loss due to COVID-19.
Meanwhile, world production level is expected to decline by 2.2 per cent to become 13.43 million tonnes while consumption too will be down by 4.6 per cent to become 13.13 million tonnes, according to a study by International Rubber Study Group.
In view of the present situation faced by small growers due to COVID-19, the board has submitted a proposal to Ministry of Commerce and Industry, seeking minimum import price and restrictions on imports with minimum price mechanism in the domestic market.
UNI GKN CS 1326

Please log in to get detailed story.

Tags: #Production of Natural Rubber rises to 7.12 lakh tonnes in India

India International Industrial Expo in Kochi from Dec 13-15, 2024

19 Apr 2024 | 12:56 PM

Kochi, Apr 19 (UNI) India International Industrial Expo (IIIE-2024), a gateway to a comprehensive industrial showcase, will be held here on December 13, 14 and 15, 2024 with the participation of more than 10,000 trade visitors and 350 leading Industrial manufacturers, IIIE CEO Siji Nair said on Friday.

Production of Natural Rubber rises to 7.12 lakh tonnes in India

India International Industrial Expo in Kochi from Dec 13-15, 2024

NTPC green energy inks MoU with Indus Towers

Rupee opens record low at 83 55 against USD

Sensex drops over 500 points

USD up ; Euro,Pound down

HARIDWAR, APR 19 (UNI):- Sadhus showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-99U

HARIDWAR, APR 19 (UNI):- Sadhus showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-98U

HARIDWAR, APR 19 (UNI):- Sadhus showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-97U

GAYA,APR 19 (UNI):-Voters displaying identity cards while standing in the queue to cast their votes at a polling booth during the 1st Phase of General Elections-2024 at Kendriya Vidyalaya No.1, Bageshwari Road, Gaya, in Bihar on Friday.UNI PHOTO-96U

DEHRADUN, APR 19 (UNI):- Uttarakhand Chief Secretary Radha Raturi showing their ink marked fingers after casting vote for Lok Sabha polls, at Rajpur, in Dehradun on Friday. UNI PHOTO-95U

DEHRADUN, APR 19 (UNI):- Uttarakhand Chief Secretary Radha Raturi and her family showing their ink marked fingers after casting vote for Lok Sabha polls, at Rajpur, in Dehradun on Friday. UNI PHOTO-94U

KOHIMA,APR 19 (UNI):-A voter registering name to cast her vote, at a polling booth, during the 1st Phase of General Elections-2024 at Kohima, in Nagaland on Friday.UNI PHOTO-93U

KOHIMA,APR 19 (UNI):-A polling official administering indelible ink to a voter, at a polling booth, during the 1st Phase of General Elections-2024 at Kohima, in Nagaland onFriday.UNI PHOTO-92U

KOHIMA,APR 19 (UNI):-A polling official administering indelible ink to a voter, at a polling booth, during the 1st Phase of General Elections-2024 at Kohima, in Nagaland onFriday.UNI PHOTO-91U

HARIDWAR, APR 19 (UNI):- Security personnel keeping vigil during the first phase of Lok Sabha election -2024 at a polling station, in Haridwar on Friday.UNI PHOTO-109u

HARIDWAR, APR 19 (UNI):- People showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-108u

HARIDWAR, APR 19 (UNI):- Voters showing their voters identity cards and inked fingers after cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-107u

HARIDWAR, APR 19 (UNI):- Voters showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-106u

HARIDWAR, APR 19 (UNI):- Voters showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-105u

HARIDWAR, APR 19 (UNI):- Sadhus showing their inked fingers after casting franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-104u

HARIDWAR, APR 19 (UNI):- Specially abled voters showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-103u

HARIDWAR, APR 19 (UNI):- Specially abled voters showing their voters identity cards while waiting in queue to cast their franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-102u

HARIDWAR, APR 19 (UNI):- A Sadhu shows his inked finger after casting franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-101u

HARIDWAR, APR 19 (UNI):- A Sadhu shows his inked finger after casting franchise for the Lok Sabha election -2024 during the first phase of election at a polling station, in Haridwar on Friday.UNI PHOTO-100u

BELAGAVI, APR 19 (UNI):- MES Candidate Mahadev Patil with his supporters on his way to the filing the Nomination papers for Belagavi Parliamentary seat, in Belagavi on Friday.UNI PHOTO-90U