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Business Standard

Plan of Bengal, Assam govts to boost tea tourism finds few takers

Banks, on the other hand, are looking to extend lines of credit despite recent rating downgrades of major listed tea companies

Topics
Tea industry | West Bengal Budget | Tea

Avishek Rakshit & Namrata Acharya  |  Kolkata/Hyderabad 

Bank moves NCLT to initiate insolvency proceedings against McLeod Russel
Representative Image

The West Bengal and the Assam governments’ initiatives for boosting income of tea companies by allowing them to use a larger part of idle land in their estates for tourism and other purposes may come a cropper because of a lack of funds.

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Read our full coverage on Tea industry

First Published: Fri, November 22 2019. 22:43 IST

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