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Rubber Board to start procurement from today

To mitigate the distress problem currently being faced by tiny growers, the Rubber Board has...

To mitigate the distress problem currently being faced by tiny growers, the Rubber Board has determined to enter the industry for procurement.

It has formulated an action plan to procure the commodity through Rubber Board-promoted businesses. The procurement will commence from Saturday (April 25). The plan envisages advancing a unique amount of money to growers dependent on the grade and the harmony would be paid out at the time the industry stabilises. The Board will procure up to 100 kg from a tiny grower, claimed a push launch.

Dismissing rumours in the social media on the chance of a value drop, the Board claimed that the rubber industry will be active at the time the curbs introduced as part of the lockdown ease. The information of the scheme can be obtained from the Rubber Board phone centre no 04812576622.