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Tea Board engages agency to carry out study on tea industry

Tea Board engages agency to carry out study on tea industryKolkata, May 25 (IANS) The Tea Board India on Thursday said it has decided to engage a professional agency to carry out a comprehensive study on the status of tea industry after share of organised sector declined to 66 per cent of country's tea production.

"It has been decided by the Tea Board to carry out a comprehensive study through a professional agency and publish a paper on tea industry covering several parameters..." the board said in a statement.

The board said almost 94 per cent of tea was produced by organised sector in the beginning of 1990s, which recently declined to 66 per cent.

 

Poor yield, ageing bush profile, decline in quality, lack of developmental activities, poor management practices are the major reasons for the decline, it said.

The study will cover parameters like cost of production, profitability, economic viability, comparative study of wages and productivity of workers, the impact of increase of wages and inflation on inputs on profitability, status of compliance of PLA Act 1951 and statutory obligations like provident fund, gratuity, wages and bonus.

It will also evaluate causes of migration of workers from tea gardens to other sectors, structure and organisational set up of tea estates under various forms of ownership.

The study is expected to suggest ways to maintain a balance in rising cost of tea production, assessment of impact of Tea Board Human Resource Development Scheme on workers and their wards/dependents.

"The study would help to bring out the overall status of the tea industry and act as tool to formulate future policy decision for ensuring sustainability," it added.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Tea Board engages agency to carry out study on tea industry

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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