Assam Tea Industries Special Incentive Scheme

The state government of Assam launched the Assam Tea Industries Special Incentive Scheme (ATISIS) to incentivise the production of orthodox and specialty tea, which is of high demand at the global market. The orthodox and speciality tea accounts for around 11 per cent of the state’s annual production.

The scheme provides 3 per cent interest subvention each year on working capital loans and a subsidy of Rs.7 per kg for the production of orthodox and specialty varieties. Additionally, a 25 per cent subsidy will be provided for buying new machines required during the production process.

No comments yet.

Leave a Reply