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Tea Board has recommended schemes worth Rs 3,000 crore for implementation during the 12th Plan beginning April 1.
“This is far higher than the investment of Rs 862.75 crore during 11th Plan. Besides entailing higher outlay for all schemes, some new schemes are envisaged during 12th Plan,” Dr S. Ramu, Tea Board member representing factories, told Business Line .
“We have been pressing for continuance of factory machinery upgradation scheme in 12th Plan with increased subsidy to retain Indian tea's competitiveness. The Board has recommended Rs 500 crore for this scheme against Rs 354 crore spent in 11th Plan,” he disclosed.
“Our approach has been to ensure that the 12th Plan is eventful for tea industry. Accordingly, we are happy that Rs 800 crore had been recommended for Plantation Development Scheme including Special Purpose Tea Fund for replantation and rejuvenation against Rs 256 crore spent in 11th Plan,” Mr P. Viswanathan representing Parliament, said.
Financial outlay
“An outlay of Rs 400 crore (11th Plan: Rs 115 crore) for Market Promotion Scheme and Rs 200 crore (Rs 110 crore) for Research and Development are other major recommendations,”, he said.
“Two new schemes have been recommended — Rs 300 crore for small grower development fulfilling our long-pending demand, and Rs 50 crore for monitoring implementation of Tea Act's regulatory provisions,” said Mr Koshy Baby, member representing small growers.
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