Chief Minister Himanta Biswa Sarma launched Assam Tea Industries Special Incentive Scheme (ATISIS), 2020 in a programme held at Assam Administrative Staff College in Guwahati on Sunday.
ATISIS is aimed at boosting the production of orthodox or speciality tea in the State by extending incentives to the tea gardens.Under the scheme, the government will provide interest subvention of 3 per cent on the working capital loan per annum subject to a maximum of Rs 20 lakhs apart from, orthodox or speciality tea production subsidy of Rs 7 per kg, 25 per cent subsidy for Orthodox & Specialty Tea Unit for Plant & Machinery subject to a maximum of Rs 30 lakhs and Agricultural Income Tax Holiday for 3 years.
Tea manufacturing units, manufacturing either orthodox tea or speciality tea will be eligible for the scheme, which will apply only to the units located in Assam. This Scheme is applicable for three years.
The new scheme will also help the tea gardens to overcome the present stressed situation.
The CM also spoke about the need for extensive promotion of Assam Tea at the international level, stated a release.
The State government is also working to provide tap water connection in every tea garden house under Jal Jeevan Mission by December 2024.
