{"id":40513,"date":"2022-05-06T15:41:21","date_gmt":"2022-05-06T10:11:21","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-tea-board-package\/"},"modified":"2022-05-06T16:18:48","modified_gmt":"2022-05-06T10:48:48","slug":"biz-tea-board-package","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-tea-board-package\/","title":{"rendered":"Tea Board finalising recommendations on industry demand for package"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-78567512\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Kolkata, May 6 (PTI) Tea Board is finalising its recommendations to the commerce ministry on the industry&#8217;s demand for a special financial package for retaining the viability of this sector which is claimed to be under threat, an official said on Friday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-861653588\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Tea industry representatives had met the Parliamentary Standing Committee on commerce in March and submitted a memorandum on the challenges faced by the sector, particularly in Darjeeling where production levels have decreased by six million kilograms at present from 12 million kilograms earlier.<\/p>\n<p>&#8220;We are in the process of finalising our recommendations on the industry demand for a special financial package,&#8221; Tea Board Deputy Chairman Saurav Pahari told PTI.<\/p>\n<p>He said the industry had not mentioned the quantum of financial assistance needed.<\/p><div class=\"trade-content_5\" id=\"trade-3263493234\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Pahari said that in order to raise the declining export levels, Tea Board is engaged in promotional activity in collaboration with the industry to tap new potential markets.<\/p>\n<p>So far, the CIS block and Iran had been the major importers of Indian tea.<\/p>\n<p>Asked whether the economic crisis in Sri Lanka will help Indian tea exporters, secretary-general of the Tea Association of India (TAI) PK Bhattacharya said that the island nation mostly produces the orthodox variety while the majority portion of Indian produce is CTC.<\/p>\n<p>&#8220;Sri Lanka is primarily an orthodox tea producer. India&#8217;s orthodox component is only 10 per cent of total production. Unless India increases its orthodox production, it will be difficult to take benefit of the Lankan crisis to capture export markets in a big way,&#8221; he said.<\/p>\n<p>India&#8217;s tea production is around 1200 million kilograms, while Sri Lanka&#8217;s volumes are around 300 million kilograms.<\/p>\n<p>&#8220;Demand and prices of orthodox variety are much better now due to the Sri Lanka crisis. Indian orthodox variety is getting traction in the export market and it is expected that producers will now gradually shift to manufacturing of this particular variety&#8221;, chairman of Indian Tea Exporters Association (ITEA) Anshuman Kanoria said. PTI dc  NN NN<\/p><div class=\"trade-content-10\" id=\"trade-3018192992\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-1318583385\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Kolkata, May 6 (PTI) Tea Board is finalising its recommendations to the commerce ministry on the industry&#8217;s demand for a special financial package for retaining the viability of this sector which is claimed to be under threat, an official said on Friday. Tea industry representatives had met the Parliamentary Standing Committee on commerce in March [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-40513","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tea Board finalising recommendations on industry demand for package - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-tea-board-package\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tea Board finalising recommendations on industry demand for package\" \/>\n<meta property=\"og:description\" content=\"Kolkata, May 6 (PTI) Tea Board is finalising its recommendations to the commerce ministry on the industry&#8217;s demand for a special financial package for retaining the viability of this sector which is claimed to be under threat, an official said on Friday. 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