Government gives nod to ‘Tea Development and Promotion Scheme’
Government has given nod for the implementation of ‘Tea Development and Promotion Scheme’ and approved fund of Rs 1,425 crore for outlay of 12th Plan period (2012-17).
It was approved by The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi after it was proposed by the Union ministry of commerce & industry.
This scheme aims at
- Supporting development of improved varieties and technologies for increasing production, productivity and quality of tea.
- Promote Indian tea in the overseas and domestic markets.
As per the scheme, the proposed fund will be spent on plantation development, quality up-gradation and product diversification, market promotion and research and development.
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Month: Current Affairs - December, 2014