As part of its initiative to check the flow of sub-fashionable Teas and help enhance the rate discovery at auction centres, the Tea Board of India proposes to restrict auction of Tea s priced beneath Rs 60/kg.

According to assets, sub-standard Teas are generally sold thru the private channel, which accounts for more or less 60 in step with cent of the full change.

According to a letter issued on February 15, the minimum fee is proposed primarily based on 3-yr public sale average. Though auction centres deal with a fragment of the total Tea produced within the u . S ., they set the fee benchmarks for home non-public income and exports.

It is, but, now not clean to what extent the minimal price benchmark will pull the averages in North India it contributes nearly 75 in keeping with cent of u . S .’s general production, as Teas are rarely offered underneath Rs 60 a kg at auctions.