The Indian Tea Association (ITA) on May 10 reiterated its plea for financial assistance from the Centre to support the struggling Darjeeling tea industry.
According to the ITA, the scenario in Darjeeling is essential due to lowering yields and plummeting costs.
Without a financial reduction bundle, the survival of the Darjeeling tea industry is in jeopardy, the affiliation mentioned, including that it has urged the federal government to contemplate and act upon a financial revival bundle endorsed by the Parliamentary Standing Committee on Commerce in March 2022.
“The association has urged the government to extend a financial revival package to the Darjeeling tea sector which has been already endorsed by the Parliamentary Standing Committee on commerce in March 2022. This awaits consideration and action”, the ITA mentioned.
The ITA, quoting Tea Board information, highlighted that antagonistic climate circumstances have affected tea manufacturing in Assam and West Bengal, main to a major lower in manufacturing.
From January to March 2024, manufacturing was down by 13.69 million kg at 96.10 million kg throughout the nation, in accordance to Tea Board information. Prices on the auctions have additionally taken a beating throughout the identical interval, the ITA mentioned, including that at an all-India degree, public sale costs have been down by ₹16.08 per kg at ₹128.12.
Meanwhile, tea exports from India throughout January to December 2023 fell to 227.91 million kg as in contrast to 231.08 million kg in the identical interval of 2022, including to the industry’s challenges, the ITA mentioned.