The Cabinet Committee on Economic Affairs (CCEA) on 10 December 2014 approved the implementation of the Tea Development and Promotion Scheme of the Tea Board for the 12th Five Year Plan.
The Cabinet approved the Scheme with a project outlay of 1425 crore rupees. The Tea Development and Promotion Scheme was proposed by the Union Ministry of Commerce and Industry.
The Scheme is aimed at supporting development of improved varieties and technologies for increasing production, productivity and quality of tea. It seeks to promote Indian tea in the overseas and domestic markets.
Component-wise break-up of 1425 crore rupees project outlay
• As per the scheme, 400 crore rupees will be spent on plantation development.
• 350 crore rupees are allocated for quality up-gradation and product diversification.
• The cabinet earmarked 200 crore rupees for market promotion and 150 crore rupees for research and development.
• Human Resource Development was allocated with 100 crore rupees.
• The Cabinet allotted 200 crore rupees for the Development of Small holding and 25 crore rupees for the National Programme of Tea Regulation.
When: 10 December 2014