Tea Board makes changes in conditions for taking over tea estates

Kolkata, April 17 (IANS) The Tea Board of India has revised the parameters for submitting expression of interest for taking over management of six tea gardens controlled by Duncan Industries, lowering the annual turnover and sufficient working capital requirements.

The board had brought a corrigendum on Friday revising the parameters to the expression of interest that it had issued earlier. It has also extended the last date of submission of bids to April 26 and said these will be opened on the same day.

According to the corrigendum notice, the annual turnover of the applicant should not be less than Rs.3.5 crore and the applicant should have sufficient working capital of not less than Rs. 1.5 crore. The original notice allowed applicants with annual turnover of Rs. 5 crore and above with sufficient working capital of not less than Rs.2 crore.

Last month, the board had issued a notification inviting expression of interest (EoI) for taking over the management of six tea estates — Birpara, Garganda, Lankapara, Tulsipara, Huntapara and Dumchipara – all controlled by the company and located in West Bengal.

The latest notice said: “The management so entrusted with the running of garden would not abandon the same without giving sufficient notice, of at least two months to the Tea Board and Monitoring Committee on Management.”

Offers were invited for taking over management of six tea estates individually from interested tea companies-firms/cooperative societies to “run the gardens in a successful manner as per the provisions of various acts and rules applicable to the tea plantations”.

The notice solicited proposals for taking over the management of the six tea estates “who have failed to comply with the obligations under the Tea Act, 1953 as also the relevant provisions in terms of timely payment of workers dues regarding provident fund, gratuity, ration and other fringe benefits/obligatory dues”.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here