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Our Bureau

New Delhi, April 25

The Commerce Ministry has announced that 14,928 tea growers would receive financial assistance of Rs 74.64 lakh from the Price Stabilisation Fund (PSF) Trust for 2007-08 on the basis of the Price Spectrum Band 2006.

This decision follows the declaration of the tea crop for 2006 as a `normal year', as per the calculations of the Price Spectrum Band on the basis of the seven year's moving average of international price for the commodity, the annual average domestic price of the beverage being Rs 63.62 per kg.

More Stories on : Tea | Agricultural Policy

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