Financial Daily from THE HINDU group of publications
Saturday, Oct 26, 2002
Financial Daily from THE HINDU group of publications Saturday, Oct 26, 2002 |
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Agri-Biz & Commodities
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Tea Price stabilisation plan for tea small sector P.S. Sundar
COONOOR, Oct. 25 THE Centre will soon announce a price stabilisation scheme for the tea small-scale sector. "The Government is working on a 68:32 ratio to divide the price fetched at the auctions on the Sri Lankan model which would ensure that 68 per cent of the realisation would go to growers," said the Tea Board Executive Director, Mr Vikram Kapur, at a seminar here. . He said suitable amendments would also be made to the Tea Marketing Control Order to ensure that all the factories participating in the scheme sell their teas through public auctions. Mr T. Gundan, Badaga leader and former MLA, wondered how the Indcoserve paid only Rs 5 a kg for the green leaves supplied by the farmers when it sold its Ooty tea brand for Rs 90 a kg in the fair price shops.
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