Tea Board India on Thursday said that there is "no discord" between the statutory body and the industry and the government will continue to provide assistance in various forms.
The government's priority has been changing and the industry needs to gear itself up for it, Tea Board deputy chairman Arun Ray said.
"There is no discord between the industry and Tea Board. The government will continue to provide assistance to the industry", Ray said at the annual general meeting of Tea Association of India.
The nomenclature of subsidy has now been changed to "assistance", he said.
"The government's priority is changing now. The term subsidy has now changed to assistance", Ray said, adding that the industry will not get any such help for replantation of the crop.
Ray's comments came after Tea Board chairman P K Bezbaruah, also a planter, suggested that the government should stop all forms of assistance to the industry.
Speaking at the AGM, Bezbaruah said, "What happens, if the board disassociates itself from the functioning of the industry. The industry should not get any subsidy or assistance from the government and be left to fend for itself."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
