The Hindu Business Line : `Hike rubber exports' subsidy'

KOTTAYAM: The subsidy limit for rubber exports should be raised to a minimum of 75,000 tonnes as in the case of previous years. Otherwise, rubber growers would become puppets in the hands of manufacturers in future, according to an assessment of the high level meeting of the Indian rubber Dealers Federation (IRDF).

As long as international prices and domestic prices are the same, export without subsidy becomes an impossibility. More over imports are now on the higher side against advance licence, the meeting observed.

If VAT is introduced in Kerala, tax should be levied at the last purchasing point itself for all the agriculture crops, including rubber as it is done now, the meeting requested the State Govt.

The meeting decided to organise the Rubber Dealers National Conference on January 26, 2005 at Kottayam.

Participants at the meeting included Mr George Valey, Mr C.J. Augustine, Mr E.T. Varghese, and Mr N.Radhakrishnan.

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