ea Board has finalised the production of tea in India for 2016-17 and arrived at 1250.49 M Kgs as against 1233.14 M Kgs, which is an increase of 17.35 M kgs (1.41%) as compared to last year. North India production increased substantially in June, September and November as compared to its corresponding period, resulting in increase of production in 2016-17. The tea production has reached highest ever in Indian Tea Industry.
Ø North India production increased by 34.55 M.Kgs (3.43%) of which West Bengal is a major contributor with 27.69M.Kgs (8.40%);
Ø South India production decreased by 17.20 M.Kgs (-7.66%) of which Tamil Nadu is a major contributor with 17.82 M.Kgs (-11.03%).
ESTATE AND BLF SHARE OF PRODUCTION
Share of Estate (EF) and Bought Leaf Factory (BLF) production on All India is at 64.94% and 35.06% respectively as compared to 66.15% and 33.85% of corresponding period. Region wise breakup of EF and BLF are given below:-
(in M Kgs)
BIG GROWERS VIS-A-VIS SMALL GROWERS PRODUCTION:
In order to get the clear production details in respect of Small tea growers, the Board amended the FORM E (under TMCO) with effect from April, 2016 and arrived the all India average of Small Growers share of production at 44.01%.
Region wise production share of Small Growers (SG) and the organised sector (BG) is given below:
(in M Kgs)
15th Meeting of the GST Council to be held tomorrow, 3rd June, 2017 – Approval of amendments to the draft GST Rules and related forms and Finalisation of the rates of tax and cess on the remaining commodities are on the Agenda among others for tomorrow’s meeting.
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