Just months after a record-breaking surge, rubber growers in Kerala are once again beginning to stare at losses with the price of natural rubber plummeting. In early October, tyre companies halted purchases prompting the Rubber Board to convene a stakeholder meeting to address the deadlock. “While the board urged the companies to remain active in the market, tyre companies have …
The first meeting of a recently constituted panel of experts to explore the modalities for weather-based insurance scheme for rubber plantations to be included in the Pradhan Mantri Fasal Bima Yojana saw opening discussions on issues from crop loss to climate change, experience of insurers, and demands of rubber producers and users. Farmers are keen to see how the proposed …
With less than a year left for its term to end, the Bhartiya Janata Party -led government at the Centre has revived its attempt to reconstitute the Rubber Board. Months after it dropped a move to implement a new Rubber Act through an executive order, the government has now come up with a new Bill titled The Rubber Bill, 2023, …
The Kerala High Court has made it clear that the shareholder of a company cannot be made an independent party in a dispute between the company and its workmen.The observation was made in connection with a dispute between Rubber Wood India Pvt Ltd and its workmen, whereby the Rubber Board, being a shareholder of the company, was arrayed as a …