New Delhi: The Centre has been supporting and planning the development of an entire spectrum of activities in the rubber sector throughout the country. This was being done through adequate financial packages and policy initiatives, said Minister of Commerce and Industry Piyush Goyal on Tuesday at the Platinum Jubilee celebration of the Rubber Act.
Goyal said the cultivation of rubber contributed to stamping out militancy and insurgency in the northeastern region of India and provided financial security to the people there.

“It is gratifying to see rubber cultivation contributing to stamping out militancy and insurgency and providing financial security to the people of the north-east region,” the minister said in a video message.

Goyal also praised the role played by the Rubber Board in the growth and development of the rubber industry in the country and in making India self-reliant in the production of natural rubber.

“The Rubber Board’s… efforts have set the benchmark for high-quality Indian rubber products and helped increase production and exports,” he said and assured support of his Ministry for the initiatives taken by the Board for the development of the rubber sector.

ALSO READ: RBI regulates penal charges on loans to ensure fair lending