Tea warehouses call off strike

Image
Supratim Dey Kolkata/ Guwahati
Last Updated : Jan 21 2013 | 3:38 AM IST

After a meeting with the tea industry, held last evening, the warehouses strike has been called off from today by the Guwahati Tea Warehousing Association (GTWA).

The bone of contention between the warehouse owners and tea industry was the amount of monthly rental that tea sellers pay for storing tea at various tea warehouses in the city before auctioning them at Guwahati Tea Auction Centre (GTAC). As against the present rate of Rs 16 per month for a bag of tea (33 Kgs), the warehouse owners were demanding Rs 24.

The tea industry agreed to pay Rs 21 per month per bag, which is also the existing rate in Kolkata.

"Though our demand for Rs 24 was not met, our members are happy that the industry has agreed to at least pay us at par with the existing rate in Kolkata. We will now receive teas as well as deliver teas from our godowns," said Ramesh Jain president of GTWA to Business Standard.

He said that since a rate revision at Kolkata is due a year later, the GTWA has put the rider that same would also be done here.

"A year later, the rate will be revised in Kolkata. We hope the same terms and conditions apply here too," Jain added. There are 30 tea warehouses in Guwahati and they were on strike since Saturday.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 14 2010 | 12:26 AM IST

Next Story