The government implemented the package with tax relief after talks with tyre manufactures to find a solution to the crisis faced by growers in view of sharp fall in prices.
It cannot accept the situation as it forgo a tax revenue of Rs 130 crore as part of the package, Chandy told reporters during his media briefing on Cabinet meeting.
He said middlemen gained in the package and so in its attempt to make sure that farmers of Kerala get the price fixed as per the package, government had decided to convene a meeting of rubber dealers in the state.
Chandy said there was no end to the anxiety of farmers as the price of rubber continued to fall.
The government had also expressed its anxiety and concern regarding the situation to the Parliamentary Committee that visited Kerala recently, he said.
It had asked the Centre to intervene in the issue at the earliest.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
