The Union Budget 2025-2026 presented by Finance Minister Nirmala Sitharaman has made a higher allocation of Rs. 1,565 crore, an increase from the allocation of Rs. 1,228 crore for FY25 to the Plantation Commodity Boards, which includes Tea, Coffee, Rubber and Spice Boards. This move demonstrates the government's commitment to fostering growth in the plantation industry, which is crucial to India's agriculture exports and rural economy.

The Rubber Board's budgetary allocation has been fixed at Rs. 360.31  crore, an increase of 3.4 per cent over the previous year's revised allocation of Rs. 348.38 crore. The rubber industry has faced challenges with global price volatility and increasing competition from synthetic alternatives. The increased fundings will help focus on improving rubber cultivation, processing technologies and exploring new markets for natural rubber.

The higher budget allocations for these commodity boards reflects the government's strategy to support sustainable growth in plantation sector. These investments are expected to strengthen production capabilities, improve the welfare of workers and enhance India's position in global market for tea, coffee, rubber and spices.