Assam government launches scheme to incentives production of orthodox and specialty tea

0
87

Assam Chief Minister Himanta Biswa Sarma ceremonially launched Assam Tea Industries Special Incentive Scheme (ATISIS) to incentives the production of Orthodox and specialty tea.

  • ATISIS is aimed at boosting the production of orthodox or specialty tea in the state by extending incentives to the tea gardens.
  • Under the scheme, the government will provide interest subvention of 3% on the working capital loan per annum subject to a maximum of Rs. 20 lakhs apart from, orthodox or specialty tea production subsidy of Rs. 7 per kg, 25% 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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here