Rubber Board to start procurement from today

To mitigate the distress condition currently being faced by little growers, the Rubber Board has made a decision to enter the sector for procurement.

It has formulated an motion plan to procure the commodity as a result of Rubber Board-promoted businesses. The procurement will begin from Saturday (April 25). The plan envisages advancing a unique sum to growers primarily based on the grade and the equilibrium would be paid out at the time the sector stabilises. The Board will procure up to one hundred kg from a little grower, said a press launch.

Dismissing rumours in the social media on the probability of a value fall, the Board said that the rubber sector will be active at the time the curbs introduced as aspect of the lockdown simplicity. The information of the plan can be acquired from the Rubber Board call centre no 04812576622.

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