Tea Board should have authentic database of industry for subsidy: CAG

It said that although the levy of fees for the issuance of planting permits was approved by the Board, non-collection of the same has resulted in the loss of revenue of Rs 41.36 lakh

CAG
Press Trust of India New Delhi
1 min read Last Updated : Aug 08 2023 | 10:10 PM IST

The government auditor CAG on Tuesday said that the Tea Board should have authentic database of the industry for formulation of policies and implementation of various subsidy schemes.

However, Tea Board did not maintain a database regarding areas of extensions of tea plantations, replacement and replanting of tea, age of tea bushes, district-wise yield, and labour productivity rate of the tea industry.

It also said that the board has disbursed subsidy amounting to Rs 12.87 crore without adhering to certain guidelines under various schemes such as Plantation Development Scheme, Quality Upgradation and Product Diversification Scheme and Orthodox and Green Tea Production Scheme.

It said that although the levy of fees for the issuance of planting permits was approved by the Board, non-collection of the same has resulted in the loss of revenue of Rs 41.36 lakh.

"Due to delay in implementation of provisions of Goods and Services Tax (GST), Tea Board did not collect the same on licenses fees, which resulted in loss of revenue of Rs 32.39 lakh to the government exchequer," CAG said in a statement.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*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

Topics :Tea Boardcagsubsidy

First Published: Aug 08 2023 | 10:10 PM IST

Next Story