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Assam Disburses Incentives Worth Rs 64 Crore To 370 Tea Gardens

Assam Disburses Incentives Worth Rs 64 Crore To 370 Tea Gardens

NDTV
Friday, March 31, 2023 01:31:52 AM UTC

An aggregate of ₹64.05 crore were disbursed to the 370 tea gardens under the Assam Tea Industry Special Incentive Schemes 2020.

Assam Chief Minister Himanta Biswa Sarma on Thursday attended the ceremonial distribution of financial incentives to around 370 tea gardens under the Assam Tea Industry Special Incentive Schemes 2020 at a function held at Janata Bhawan in Guwahati.

An aggregate of ₹64.05 crore were disbursed to the 370 tea gardens under the Assam Tea Industry Special Incentive Schemes 2020, originally formulated by the Government of Assam to mitigate the adverse impact of the Covid-19 pandemic on the tea industry.

Speaking at the event, Mr Sarma said the tea industry was the backbone of the economy of Assam, contributing to nearly 90% of gross export value and on which and providing either direct or indirect employment avenues to more than a million people.

It is due to the overwhelming effect of the tea industry on the economy of Assam that the Government of Assam came up with the Assam Tea Industry Special Incentive Schemes to help the sector absorb some of the shocks of the deleterious impact of Covid-19.

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