- Tea industry demands 40% subsidy under Special Purpose Tea Fund
Tea industry has demanded to increase the rate of subsidy under the Special Purpose Tea Fund (SPTF) from the existing 25% to 40%.
- Tea fund gains momentum as banks pitch in
The replantation and rejuvenation of country’s ageing tea bushes under the SPTF scheme has gathered momentum as a consortium of 4 banks led...
- Govt provides Rs 49 cr subsidy for tea gardens till Nov
The government on Monday said it has provided nearly Rs 49 crore subsidy till November 2009 under the special purpose tea fund for redevelo...
Planning Commission likely to review SPTFPlanning Commission is likely to review SPTF which commerce ministry thinks is under-performing.
- Govt panel for more flexibility in land use by tea industry
The SN Menon Committee set up by the commerce ministry to study the competitiveness of the tea industry has come up with a host of recommen...
- Land usage should be flexible: Tea panel
The SN Menon Committee set up by the commerce ministry to study the competitiveness of the tea industry has come up with a host of recommen...
- Tea planters seek more sops
Tea entrepreneurs from Darjeeling have called for higher rate of assistance under the Special Purpose Tea Fund (SPTF).
- Govt loans to help tea estates
The Union commerce ministry has sanctioned a loan of Rs 15.15 crore for 85 tea estates in the country from the Rs 4,700 crore special purpo...
- Jairam launches tea fund scheme for Kerala, TN
Union Minister of State for Commerce Jairam Ramesh launches the Special Purpose Tea Fund (SPTF) scheme for replantation and rejuvenation of...
- Tea Board plans Rs 800 cr tonic in 11th Plan
The Tea Board of India has called a meeting on December 17 to work out the modalities for disbursing Rs 800 crore in the 11th Plan period, ...
- Tea SPV: Loan rates 1% more than yield on 10yr govt paper
Tea growers, who intend to take loans from the Special Purpose Tea Fund (SPTF), will have to pay an interest rate which will be linked with...
- Special tea fund may get corporate tag
The special purpose tea fund (SPTF) approved by the Union Cabinet on Thursday is likely to be headed by a CEO and managed like a corporate ...
- CCEA okays fund to breathe life into tea plantations
The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave the go-ahead to set up a Special Purpose Tea Fund.
- Plantations may get cover from vagaries of weather
The Planning Commission’s sub-group on the plantation sector has mooted the putting in place of a weather-linked insurance scheme to protec...
- CEO to monitor Rs 4,700-cr fund for tea industry revamp
The Union commerce ministry will soon appoint a chief executive officer to monitor the Rs 4,700-crore special purpose tea fund (SPTF), whic...