- Employment opportunities to the people e.g. rubber harvesters, managers of plantations, etc.
- Income to the harvesters hence raising their standards of living.
- Government revenue through taxation and licensing
- Foreign exchange through export of rubber and rubber products.
- Production of domestic and industrial items like tyres, insulators, safety boots that are sold at relatively cheaper prices to the home people.
- Growth of small scale out-grower schemes hence raising their standards of living.
- Skill acquisition by latex harvesters and processors
- Promotion of international trade and relations with Britain, USA, that import BANGLADESH’s rubber.
- Promotion of agricultural research through propagation or grafting.
- Development of other sectors from rubber profits e.g. health, education, etc
- Rubber trees help in climate modification through evapo-transpiration
- Plantations are used as demonstration farms for study and research
RELATED POSTS