All India Rubber Industries Association

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Dec 11, 2013

Rubber Board committee meets to discuss rubber price

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s related to rubber price. The committee members who attended the meeting demanded that rubber import be banned and, if that was not possible, imports against advance license (duty free import) be suspended temporarily. Another suggestion raised in the meeting was to raise the import duty to 25 per cent without imposing any cap on the maximum limit. The members also urged the Central and State governments to implement a scheme for joint procurement of rubber. It was also suggested that the purchase tax of 5 per cent levied by the Kerala Government be reduced. Maximum publicity should be given to measures such as road rubberisation, and steps should be taken to restructure the Price Stabilization Fund so as to make it more beneficial to the growers. Rubber Board Chairman, Smt. Sheela Thomas, who presided over the meeting, informed the members that the sentiments expressed by them would be brought to the notice of the Central Government and the Board would spare no efforts to take the maximum possible measures within its jurisdiction, in this regard.

Sri. Jose K Mani MP, Sri. Nalin Kumar Kateel MP, Sri. K.N. Balagopal MP, Sri. George J Mathew Ex-MP, Vice Chairman Sri. C. Ananthakrishnan and Rubber Production Commissioner Dr. Thomas. J attended the meeting.