Assam tea gardens get Rs 63 crore govt assistance to tackle pandemic losses ...Middle East

Economy by : (Business Standard) -
The Assam government disbursed Rs 63.05 crore as a financial incentive to 370 tea gardens in the state to help them mitigate the adverse impact of the pandemic. Chief Minister Himanta Biswa Sarma said the tea industry was the backbone of the state's economy, making up nearly 90 per cent of its gross export value, besides providing direct and indirect employment to over a million people. "It is due to the tea industry's huge impact on the economy of Assam that the state government formulated the Assam Tea Industry Special Incentive Scheme, 2020 to help the sector absorb some of the shocks of the COVID-19 pandemic," he said at the disbursement programme on Thursday. Apart from providing inte

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