In view of the lockdown and Covid-19 pandemic, the tea industry in Assam has estimated a loss of 80 million kgs of tea valued at Rs 1,218 crore, North Eastern Tea Association (NETA) claimed on Wednesday releasing a study report.
According to NETA adviser Bidyananda Barkakoty, who released the study report in Guwahati, the total estimated crop loss of Assam tea industry due to lockdown is about 80 million kgs. “As per the Tea Board of India official figures, the annual average price of tea of north India (which includes Assam) at the Indian auctions in 2019 was Rs 152.26 per kg. Therefore, the total revenue loss of Assam tea industry due to lockdown is 80 million kgs with a total value of Rs 1,218 crore,” said Barkakoty.