Minister of State of Commerce and Industry Jyotiraditya M. Scindia on Wednesday said rubber cultivated area has increased by 3.6 percent in 2011-12 over the previous year.
"The annual growth rate of rubber cultivated area in 2011-12 is comparable to the growth rates recorded in the two previous years at 3.6% and 3.7% respectively. Decision on planting rubber is mainly influenced by rubber prices," Scindia said in a written reply in the Rajya Sabha.
"During 11th Five Year Plan, subsidy for new planting and replanting of Rubber was 20% of development cost of raising rubber plantations in traditional regions (Kerala and Tamil Nadu) and 25% of the development cost in non-traditional regions including North East. However, the Twelfth Plan proposals have not yet been finalised," he said.