ISBN: - 978-93-88936-09-5 started developing steadily in an organized manner during the plan periods. Consequently the industry plays a vital role in the economy of the country which caters to the country entire needs in almost all the fields including defence, communication, agriculture and a number of other industries including textiles, pharmaceuticals Patel feels that the rubber industry has plenty of scope for department in the years to come as it does not have any serious bottle neck with regard to the availability of raw materials. (4) Lalithambika J. has made the following observation on the consumption of rubber. The demand for rubber depends on the growth in production of rubber products for domestic use as well as for export. In India, 93 per cent of the rubber is used for manufacturing rubber products for domestic consumption only seven per cent is processed into value added for export production. About 65 percent of the rubber goes for tyre and tyre products. In view of the massive expansion plans of the tuber goods manufacturing sector and the increasing exports, it will be difficult to reach selfsufficiency in natural rubber. The growth in demand is likely to be faster than what the plantation industry can supply. Exporting raw rubber can be an objective as the price of natural rubber in the international market is lower than that in India. (5) The Hindu Business Line in 2010 in its article, “Low priority for rubber in carbon trade irks planter” has given the data: Domestic market sought to encourage a forestation. The plantation industries, especially rubber growers, are feeling aggrieved. Plantation crop provide an array of ecosystem services such as protecting the top sail from erosion improving the water cycle and carbon request ration. But it does not enjoy the benefits of this since annual return is not among preferred in 15 sectors that are eligible for carbon trading. (6) Tharian George K. Toms Joseph Joby Joseph in their study explained that at the three trades control measures were introduced on natural rubber by the government of India. The new control measures are declaration of statutory minimum prices for RSS.4 and % effective from September 2, 2001 restriction of natural rubber imports only through the designated ports of Kolkata and Vishakhapatnam effective from December 10, 2001. Mandatory quality standards for both domestically processed and imported natural rubber in conformity with the standard specified by the Bureau of Indian Standards effective from December 12, 2001. Accordingly two perceived objective of new measures are to stabiles `domestic natural rubber prices at desired level and restrict import so as to prevent further deterioration in prices. 44
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