high quality tea: 82% hike in tea improvement, promotion funds takes outlay to Rs 528 crore for 2024-26

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The outlay for the Tea Improvement and Promotion Scheme has been elevated 82% to Rs 528.97 crore for 2024-26, the federal government mentioned on Thursday, from Rs 290.81 crore.

Amardeep Singh Bhatia, further secretary within the Division of Commerce mentioned that the goal is to extend exports, particularly in value-added segments and consumption of high quality tea.

India is the third largest exporter of tea on the planet. Tea exports fell round over 4% to $673 million in April-January this fiscal.

Round 800 self-help teams and 330 farmer-producer organisations (FPO) are proposed to be setup within the subsequent two monetary years underneath the scheme. The outlay is Rs 290.81 crore at current. Bhatia mentioned {that a} vital enhance in outlay has been made to advertise Indian tea in each home and worldwide markets. The funds for the promotion of tea have been elevated to Rs 72.42 crore.

Round Rs 40 crore have been allotted to arrange mixing and packaging items for worth addition.

A brand new element of technological interventions for tea plantation has been included for actions like precision farming, drone surveillance, traceability and blockchain, and digitization of actions of Tea Board, he mentioned.

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