Tea Board revises crop insurance scheme

[Small Tea Growers - Related News]

The Tea Board has relaxed some of the terms in the crop insurance scheme that it proposes to roll out for small tea growers. This follows the near total lack of response to the expressions of interest (EoI) bid that was floated in November, 2016. As against the earlier 10% , the cover would come in force only when the loss is 15%. The production from this sector is estimated at 422.5 million kg, out of a total tea crop of 1,239.2 million kg in 2017. The share is rising as the 2016 production stood at 409.2 million kg against a total output of 1,208.6 million kg.