Interim Budget Expectations: The ailing tea industry in Assam is hoping for proper promotion and export improvement in the upcoming Union interim budget. The industry is facing oversupply in the domestic market and tepid export demand. The Bharatiya Chai Parishad has also urged state government to reduce the industry's social cost burden. India is the fourth-largest tea exporter and contributes 23% to global tea output. Read The Rest at :
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