Iran war hits tea export; Assam releases ₹94.7 crore support

Assam government has released Rs 94.70 crores to 486 tea gardens under the ATISIS scheme. This initiative aims to boost orthodox and specialty tea production and ensure financial stability. The scheme offers interest subvention, production subsidies, and tax holidays. However, the ongoing Iran-Israel-US conflict poses a significant threat to Indian tea exports, particularly to the Persian Gulf region.