Tea Board meet on rehabilitation plan for closed tea gardens Kolkata: The Tea Board will shortly conduct meetings of the owners of the closed tea gardens and their bankers to discuss the rehabilitation package for closed tea gardens during the 11th Plan. The first meeting will be conducted here on July 7 with the owners of the closed gardens in West Bengal and Assam, to be followed by another meeting on July 12 at Kochi with those in South India. The Tea Board Chairman will preside over the meetings. The total number of closed tea gardens is 33 - 17 in Kerala, 14 in West Bengal and two in Assam. The owners of the closed tea gardens, wants to avail themselves of the benefits under the rehabilitation package, have to furnish undertakings, Expressions of Interest, to the Chairman of the Tea Board confirming their commitments to reopen the gardens.
The components of the scheme, prepared by Tea Board on the basis of the rehabilitation package cleared by the Commerce Ministry, comprise restructuring of existing banks loans, waiver of Tea Board loans, damages on the Employees' Provident Fund, extension of facility of term loan for gardens improvement, extension of facility under Quality Upgradation and Product Diversification Scheme and sanction of working capital and the grant
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