Comments
Following a call by the CPI(M)-led Left Democratic Front for a hartal to protest against the massive fall in the prices of natural rubber, shops and businessses in several parts of the Kottayam district remained closed on Wednesday.
The LDF gave a call for the hartal after the rubber price hit a rock bottom of Rs 93 a kg which is around a third of what it was during its peak four years ago. The Kottayam district is the rubber heartland of Kerala and following the gradual price decline over the past three years, the majority of small farmers have abandoned tapping the rubber trees. The crisis in the rubber sector has crippled Kerala’s rural economy and impacted badly on a range of sectors, mainly construction and demand for consumer durables.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.