Tea Board incentivises tea exporters in North-East

The Tea Board of India has come up with an incentive scheme to provide monetary support towards additional transport and handling charges incurred by tea exporters in the north-east.

Under the scheme, tea exports from the north-east are eligible for a financial assistance of Rs.1.50 per kg of the product if the same is exported from the Inland Container Depot (ICD) located in Guwahati’s Amingaon area.

“The scope of the original scheme for assisting tea exports towards meeting handling, packaging, transport, freight charges and value addition costs have been extended with a view to also compensating exporters who are shipping teas from ICD Amingaon,” a Tea Board of India circular said.

The tea authority under the ministry of commerce and industry said the companies shipping Indian variants of tea abroad have to pay additional charges which are levied by chipping companies and the scheme will help the exporters.

The scheme will be applicable to exports during the 2014-15 fiscal and on disbursements made during April-December 2014.

Retrieved from – http://www.business-standard.com/article/news-ians/tea-board-incentivises-tea-exporters-in-north-east-115081800768_1.html

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