The Assam government announced four schemes for the tea industry. This includes a push for the production of ‘orthodox’ variety of leaves.
Assam finance minister Himanta Biswa Sarma gave a statement. A 3% interest subvention per year will be provided to those tea gardens. Those which have taken a working capital loan, with an overall cap of Rs 20 lakh. Second, the state government will give a subsidy of Rs 7 per kg of ‘orthodox’ tea. The Tea Board of India already provides a Rs 3 subsidy per kg of ‘orthodox tea’, making it a total subsidy of Rs 10 per kg.
Thirdly, Sarma said that if a tea garden purchases new machinery to manufacture ‘orthodox’ tea, then the state govt will help with a 25% capital subsidy. Lastly, he added, an agricultural income tax holiday for three years will be given for Assam’s tea gardens.
Sarma added that the state government expects that tea garden authorities will provide a 20% bonus to workers on the occasion of upcoming Durga Puja.