Agri Business

District-wise benchmark price to be fixed for green tea

Santanu Sanyal P.S. Sundar Kolkata/Coonoor | Updated on August 06, 2013

Factories should pay the green leaf price to the growers immediately on receipt of the raw material.  They should conform to the green leaf standards prescribed by the Board.

The Tea Board has urged factories buying green leaf from small growers to comply with its new guidelines to heed the order passed by the Madras High Court regarding the fixation of minimum price for the green leaf.

The average price for the teas sold through the auction centre in each district will be published on the Board’s Web site at the beginning of every month. The District Price Monitoring Committee will regard this as benchmark and fix the minimum price to be payable to the small growers. The DPMC will notify the monthly minimum green leaf price within the first week of every month.

Based on this, factories should fix the final price adhering to the ‘Price Sharing Formula’ as prescribed by the Board. Each factory should pay the green leaf price to the small growers, equivalent to sharing formula or the minimum price declared by the committee, whichever is higher.

Factories should pay the green leaf price to the growers immediately on receipt of the raw material. They should conform to the green leaf standards prescribed by the Board. “Factories should display prominently the green leaf price payable and average price fetched during the month. Tea Board will provide this Notice Board and the concerned Factory Advisory Officers will guide the factories regarding the place to display. For monitoring purposes, factories should mandatorily submit data on green leaf price in the prescribed format through e-mail before 4 pm on every Friday”, Tea Board Executive Director R Ambalavanan told the factories.

>santanu.sanyal@the hindu.co.in

Published on August 06, 2013

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