Assam: To boost the production of Orthodox and Specialty Tea of Assam, the government of Assam has announced an incentive scheme this Sunday on 4 July 2021, to meet the high demand of this tea in the overseas markets which will help the planters to earn better prices.
This special incentive scheme, Assam Tea Industries Special Incentive Scheme ( ATISIS) was launched by the Hon’ble Chief Minister of Assam, Himanta Biswa Sarma during an organized ceremony.
The main aim of ATISIS is to boost the production of Orthodox and Specialty Tea in Assam with an extension on incentives for the tea garden workers.
Under the ATISIS, the Assam Government will provide an interest subvention of 3 percent per annum on working capital loans and a subsidy of Rs. 7/ kg is provided for the production of orthodox and specialty varieties.
Moreover, 25 percent of subsidy allotted for Orthodox and Special Tea Unit for Plant & Machinery is subjected to a maximum of Rs. 30 lakhs and Agricultural Income Tax Holiday approved by the state government for three years implemented from 1 April 2020.
Assam CM has also urged the company to start filling for reimbursement immediately.
The Orthodox or specialty tea manufacturing units will be eligible for the ATISIS scheme and will be applicable only for the units located in Assam only for three years period.
ATISIS is mainly launched to give a recurring push to the production of Orthodox tea to maintain the balance between CTC and Orthodox Tea production and will also help the planters to overcome the pandemic situation.
Adding, the social Security network enhancement among the tea garden population, the Assam government plans to strengthen its network gradually to take over existing health and educational institutions to ensure a holistic development within the tea estates. Also, land resources usability will be reformed in the tea gardens along with a tap water connection to every tea quarter under Jal Jeevan Mission till December 2024.
Moreover, Assam Government has even planned to ensure the provision of gas pipeline connection in every household of tea garden in upper Assam districts such as Tinsukia, Dibrugarh, and Sivasagar with the help of Gas grid of Assam Gad Company.
And bigger plans are on work to make the Assam Tea recognized higher at the International level. Further, Assam CM announced a Rs 50 crore investment on campaigns and publicity for the Assam Tea in the overseas market.