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Tea Board wants Assam to roll out insurance scheme for small growers

Scheme has been designed by Centre to protect plantation farmers from losses due to fluctuations in yield and price volatility

Supratim Dey  |  Guwahati 

The Tea Board of India has urged the Assam government to expedite the rollout a Centre-designed insurance scheme for small tea growers of the state. Bidyananda Barkakoty, vice chairman of the Tea Board, said the Centre had in March informed the Board that a market-linked Revenue Insurance Scheme for Plantation Crops (RISPC) had been designed for protecting tea growers.

The Centre said it had shared the scheme with the states for rollout on the basis of shared funding of premium between the central government, state governments and the tea growers in the ratio of 75:15:10. The Tea Board had ...

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First Published: Mon, July 18 2016. 19:27 IST
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