FOUR NEW SCHEMES ANNOUNCED BY HBS TO UPLIFT ASSAM TEA INDUSTRY

4 new schemes have been announced by Minister Himanta Biswa Sarma for the benefit and upliftment of the Assam Tea Industry.

👉🏻If any tea industry takes a loan from any commercial bank as working capital, then Assam Government shall pay 3% interest of the total.

👉🏻Orthodox Tea production, which is exported for international market , will receive Rs. 7 subsidy per kg from Assam Government from April 1st 2021.

👉🏻If any new machines are required and bought by any Tea garden for producing Orthodox tea, then Assam Government shall pay 25% of the cost.

👉🏻For the next 3 years, Agricultural Income Tax are not required to be paid by Tea Gardens.

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