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Indian Tea Association, CII welcome sops to tea sector in Assam budget
The Indian Tea Association (ITA) and apex chambers CII and FICCI welcomed Assam government’s initiative to improve the quality of life of tea workers and offer sops to the tea plantation sector to tide over the difficult times. In his Budget proposal for 2020-21, Assam finance minister Dr. Himanta Biswa Sarma announced that the 7.21 lakh tea labourers will get ₹50,000 each as payment of gratuity on retirement. The budget was submitted on March 6. This apart the third tranche of ongoing financial support of ₹3,000 each will be paid through bank transfer. Also, tea gardens will get substantial share of the government’s fresh rural development initiatives. This includes construction…