Rubber Board to start procurement from today

To mitigate the distress scenario being confronted by compact growers, the Rubber Board has made the decision to enter the sector for procurement.

It has formulated an motion strategy to procure the commodity by way of Rubber Board-promoted corporations. The procurement will commence from Saturday (April 25). The strategy envisages advancing a precise total to growers centered on the grade and the balance would be paid out when the sector stabilises. The Board will procure up to 100 kg from a compact grower, stated a push release.

Dismissing rumours in the social media on the likelihood of a price tag fall, the Board stated that the rubber sector will be energetic when the curbs launched as aspect of the lockdown ease. The information of the plan can be attained from the Rubber Board phone centre no 04812576622.