Darjeeling unrest: Closure of tea estates likely due to ongoing agitation, say planters
The tea planters have already been facing cancellation of exports orders and are apprehensive that they may not be able to meet the financial commitments.


Representational image. PTI[/caption]"All the 87 tea gardens of Darjeeling continue to remain closed for more than three weeks due to ongoing situation. The industry has already incurred a direct estimated loss of more than Rs 150 crore," Darjeeling Tea Association's Chairman Binod Mohan told the reporters in Kolkata.He said all stakeholders including the five lakh people residing in the tea estates are being adversely affected due to the present crisis."The present disruption could result in a possible sickness and closure of several tea estates which would be difficult to revive," Mohan said, adding that, "the industry has been facing cancellations of exports orders".The stoppage in production wreaks havoc in the industry as this period is the premium second flush season which brings 40 percent of annual revenue to the industry, DTA's past chairman Ashok Lohia said."The industry has apprehensions of meeting the financial commitments. We will be finding difficulties to pay bonus to the workers due to poor cash flow arising out of the present crisis," Lohia said.He said the industry paid to the tune of Rs 70-80 crores on account of bonus in the last year. The industry had never faced such a long stoppage of production in the second flush harvesting period.The crisis will have a long term impact on the tea industry, the planters said.

India rejects Pakistan's 'baseless' claims at Asean, says Indus Waters Treaty to remain on hold
India successfully tests long-range 'Kusha' air defence missile system
Indian trucker arrested in US over alleged theft of $3 million worth of tungsten powder
China has dominated Myanmar’s rare earth mines — now India eyes deal to harness country’s critical minerals
CJP protest in Delhi: New videos of stone pelting, violence emerge as police, agitators trade charges
