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TEA BOARD INDIA : SPECIAL PURPOSE TEA FUND SCHEME (SPTF)
 
8) RATES OF LOAN and SUBSIDY :-

The indexed unit cost per hectare of replanting/replacement planting and rejuvenation and consolidation for the various tea growing regions at current prices and the Loan/subsidy rates applicable w.e.f 1.4.2007 are furnished in Table-1.

The applicant tea estates may avail either loan and subsidy or only the subsidy for replanting / replacement planting/rejuvenation(R&R). The loan entitlement per hectare would be 50% of the unit cost. Subsidy entitlement per hectare would be 25% of the unit cost.

In absolute terms, however, the actual amount payable per ha would vary depending upon the location of the garden ( i.e. in the hills or in plains etc.,).
  1. The rates of financial assistance will be revised from time to time as and when the unit cost for replanting and rejuvenation is revised by SPTF.

  2. The areas considered to be hilly for the purpose of the scheme are those included in the CBDT Notification No. S.O.1526, DT. 18th May, 1966 a copy of which is appended as Annexure-6.

  3. In addition to the hilly areas covered under CBDT notification, the tea growing regions in entire Tripura, tillah area of undivided Cachar district of Assam and Uttarkhand will be treated as hilly areas.
Table-1: The Loan/subsidy rates applicable w.e.f 1.4.2007

 Indexed unit cost(Rs/Ha) Loan @50% of the unit cost(Rs/Ha) Subsidy @25% of the unit cost (Rs/Ha)
REPLANTATION AND REPLACEMENT PLANTING
Assam Valley2,61,200 1,30,600 65,300
Cachar2,08,800 1,04,400 52,200
Tripura1,88,400 94,200 47,100
Dooars/Terai2,55,200 1,27,600 63,800
Darjeeling3,27,500 1,63,750 81,875
South India2,73,100 1,36,550 68,275
Other Areas2,55,200 1,27,600 63,800
REJUVENATION
Darjeeling95,000 47,500 23,750
South India95,000 47,500 23,750


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