Centre gives tea a revival shot.
Economic Times (New Delhi, India), May, 2006
May 22--KOLKATA, India -- The Centre on Sunday announced a slew of measures to revive the Indian tea industry.The revival package includes disbursal of the long-awaited Rs 4,700-crore special purpose tea fund (SPTF) from November 1, 100 percent auctioning of tea produced in the country using the electronic platform, reopening of some closed tea gardens, setting up of international tea centres and introduction of a logo for North Bengal teas.
The goodies were announced by Union minister of state for commerce Jairam Ramesh on Sunday afternoon in Kolkata, after a series of meetings that he had with tea producers, buyers, sellers, brokers and the trade unions.
Addressing newspersons, Mr Ramesh said: "The SPTF, meant for replantation and rejuvenation of...
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