India to help growers through PSF
ERJ staff report (DS)
New Delhi -- India's govermment is to help growers through the Price Stabilisation Fund (PSF). PSF is part of India's Ministry of Commerce & Industry.
The Department of Commerce has declared the Price Spectrum Band for the year 2009 for Rubber, Coffee and Tea. On the basis of Price Spectrum Band 2009, 18,915 Rubber growers would receive financial assistance of Rs.95 lakh from the PSF Trust during 2010-11.
The annual average domestic price for Rubber was Rs.97.56/kg during 2009 and it has been categorised as “Normal Year†for Rubber.
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Press release from Indian Goverment
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