The Indian Farmers’ Movement (Infam) has suggested that the export of natural rubber should be encouraged to prevent fall in prices.
A statement from Infam alleged here that the tyre industry was plotting to keep domestic prices down, though global prices were high and there was a shortfall in global supplies.
The Union government’s lenient import policies allowed the duty-free import of around 1.5 lakh tonne natural rubber into the country.
This in turn helped the tyre industry to exploit the rubber farmers, the statement alleged.
(Source: irco.biz)
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