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The Print
4 days ago
- Business
- The Print
Small tea growers urges Centre for fair price discovery mechanism
It said the Tea Board should undertake a detailed study to determine an equitable price-sharing ratio between small growers and factories. In a letter to Commerce Minister Piyush Goyal, the Confederation of Indian Small Tea Growers Associations (CISTA) suggested a price protection scheme modelled on the lines of the minimum support price (MSP). Kolkata, Jul 10 (PTI) Small tea growers, who contribute more than 50 per cent to the crop production of the country, have urged the Centre to set up a fair and transparent price discovery mechanism so that they can realise a proper value by selling leaves to factories. Small growers are facing the persistent challenge of poor price realisation, which is undermining the sector's sustainability, CISTA president Bijoy Gopal Chakraborty said. Small growers contribute more than 52 per cent to the country's tea production, and a proper price realisation mechanism should be identified so that livelihoods are sustained, he said. Chakraborty said the association has already submitted a detailed status paper to the Commerce Ministry in May 2023, outlining the structural bottlenecks faced by the sector, which is suffering from chronic price realisation challenges. He said the concept of minimum benchmark price should be replaced by a new methodology linked to the total sales value so that growers receive a fair and remunerative price. CISTA favoured the Sri Lankan model, under which surplus earnings over auction averages are shared equally between factories and growers. Proposing a price protection scheme for small growers, it said the average green leaf price currently ranges between Rs 22 to Rs 25 per kg, while the cost of production is hovering between Rs 17 and Rs 20 per kg. The yield on a modest margin is Rs 5 per kg for the growers, it said. On the other side, agents typically charge Rs 2 per kg, the CISTA said it is a big disincentive, and growers should be able to sell directly to factories. PTI dc SOM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
4 days ago
- Business
- Business Standard
Small tea growers ask Centre to set up fair price discovery mechanism
In a letter to Commerce Minister Piyush Goyal, the Confederation of Indian Small Tea Growers Associations (CISTA) suggested a price protection scheme modelled on the lines of the minimum support price Press Trust of India Small tea growers, who contribute more than 50 per cent to the crop production of the country, have urged the Centre to set up a fair and transparent price discovery mechanism so that they can realise a proper value by selling leaves to factories. In a letter to Commerce Minister Piyush Goyal, the Confederation of Indian Small Tea Growers Associations (CISTA) suggested a price protection scheme modelled on the lines of the minimum support price (MSP). It said the Tea Board should undertake a detailed study to determine an equitable price-sharing ratio between small growers and factories. Small growers are facing the persistent challenge of poor price realisation, which is undermining the sector's sustainability, CISTA president Bijoy Gopal Chakraborty said. Small growers contribute more than 52 per cent to the country's tea production, and a proper price realisation mechanism should be identified so that livelihoods are sustained, he said. Chakraborty said the association has already submitted a detailed status paper to the Commerce Ministry in May 2023, outlining the structural bottlenecks faced by the sector, which is suffering from chronic price realisation challenges. He said the concept of minimum benchmark price should be replaced by a new methodology linked to the total sales value so that growers receive a fair and remunerative price. CISTA favoured the Sri Lankan model, under which surplus earnings over auction averages are shared equally between factories and growers. Proposing a price protection scheme for small growers, it said the average green leaf price currently ranges between ₹22 to ₹25 per kg, while the cost of production is hovering between ₹17 and ₹20 per kg. The yield on a modest margin is ₹5 per kg for the growers, it said. On the other side, agents typically charge ₹2 per kg, the CISTA said it is a big disincentive, and growers should be able to sell directly to factories. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
5 days ago
- Business
- Time of India
Stuck in Mum port for a mth, tea from Kol finally lands in Iran
1 2 Kolkata: Export of tea from Kolkata to Iran — in a limbo during the Iran-Israel conflict — has resumed following the announcement of ceasefire. About 50 containers carrying 1 million kg of orthodox Assam tea reached Iran's Bandar Abbas port this week. These tea consignments had been piling up at Navi Mumbai's Nhava Sheva port since the second week of June. Iran is the second-largest recipient of Indian tea after Russia, accounting for around 20% of India's tea exports. In 2024, tea exported to Iran from India was 31 million kg. Leading tea exporter Shah Brothers' chairman Sashi Kanta Shah expressed relief, saying, "About 200 tonnes of tea in our 10-container consignment had been stuck in Mumbai during the conflict. Now that the shipping route is open, we can finally see our tea in the Iranian market." You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Confederation of Indian Small Tea Growers Associations president Bijoy Gopal Chakraborty said, "Tea market relies largely on exports. Orthodox tea grown in Assam and Dooars has a big market in Iran, and we look forward to a rise in demand."
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Business Standard
15-06-2025
- Business
- Business Standard
Growers welcome Centre's move to include tea in weather insurance scheme
Tea growers hailed the government's decision to bring the sector under the Restructured Weather Based Crop Insurance Scheme (RWBCIS), which they said would help mitigate losses due to erratic rainfall and rising temperatures. The Department of Agriculture and Farmers Welfare issued a notification on June 10, stating that the insurance scheme would come into effect from the Kharif 2025. States and UTs were asked to expedite the floating of tenders, finalisation of the insurance company and other modalities by June 20 to ensure that farmers can avail the benefit of the scheme. Indian Tea Association (ITA) secretary general Arijit Raha told PTI this is the first time the sector has been brought under the purview of a weather-based insurance scheme. "The tea sector is witnessing frequent fluctuations in production due to erratic rainfall, waterlogging and a rise in temperature, exceeding 35 degrees Celsius. Climate change adaptation and mitigation have become a major challenge to keep the sector sustainable," he said. "In this context, a weather-based crop insurance is a necessity. We heartily welcome the decision of the Centre to extend the scheme to this sector," he added. Confederation of Indian Small Tea Growers (CISTA) president Bijoy Gopal Chakraborty said the demand for it was being raised for the last five years. "We welcome this step. Crop insurance is an effective and mitigating component in the backdrop of climate change. Tea cultivation by small growers had been hit by high temperatures and excessive rains," he said. India, the second-largest tea producer in the world after China, reported 1,382 million kg of production in 2024. In 2023, it produced 1,375 million kg of tea. Small tea growers contribute to more than 50 per cent of the country's total production. Assam is the largest tea-producing state in the country, followed by West Bengal and the southern states of Tamil Nadu, Karnataka and Kerala. Tripura, Arunachal Pradesh, Sikkim, Himachal Pradesh, and UP are among the states that grow small quantities of tea. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
12-06-2025
- Business
- Time of India
Bengal's tea to be covered by Centre's weather-based insurance
Kolkata: Centre has introduced weather-based insurance for some plantation crops, including tea. Tea in Bengal, Assam and Kerala is under the scheme. In a circular issued on June 10, Union ministry of agriculture and farmers welfare said: "DA&FW, in collaboration with state govts, commodity boards under the aegis of the department of commerce, as well as the coconut development board and other stakeholders, undertook proactive steps to define scientific term sheets for some plantation crops to facilitate extending accessible, affordable crop insurance coverage to plantation farmers through the Restructured Weather Based Crop Insurance Scheme (RWBCIS). " The circular asked states to expedite tender processes — for the participation of private players — by June 20 to include different plantation crops under RWBCIS with effect from this kharif season. Bijoy Gopal Chakraborty, president of CISTA, the representative body of the small tea growers, said that this was the first time a weather-based crop insurance was introduced for plantation crops. "It is a long-awaited and welcome move. We have been asking for this for some years," he added. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
