Rubber growers assured of good price

THIRUVANANTHAPURAM, Dec 19:  Kerala Chief Minister  Oommen Chandy has assured rubber growers in the state  of better price.
The government hs ensured that rubber growers will get  better price as a result of a meeting with representatives  of 12 leading tyre manufacturing companies in the country,  Chandy told newspersons here last night.     The scheme will be in operation from the date of  notification-December 19 to March 31, 2015.     The Rubber Board will continue to notify the prices of natural rubber every day based on international prices  in Thailand.
Manufacturing units or their agents will purchase from  dealers at notified price plus 20% premium for customs duty  plus 5% Purchase Tax.
He said 50% of the Purchase Tax levied will be refunded  to manufacturer every month on production of proof of  purchase.
(UNI)