ERJ staff report (DS)
Kottayam, India - The Indian Rubber Board has decided to introduce the system of paying subsidy to growers through bank accounts through National Electronic Fund Transfer (NEFT).
Under the new arrangements, beneficiaries should give details of their bank account number and IFSC code in the application for rubber planting subsidy. The system replaces sending cheques through the post.
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Press release from Indian Rubber Board