“Subsidy for Orthodox & Speciality Tea Unit for Plant & Machinery” under the “Assam Tea Industries Special Incentives Scheme”

  • Scheme For: Individual
  • Categories: Agriculture,Rural & Environment, Banking,Financial Services and Insurance
  • Tags: Subsidy, Tea, Production, Incentive, Industry, Machinery

The scheme aims to ensure long-term financial sustainability of the tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam.

"Subsidy for Orthodox & Speciality Tea Unit for Plant & Machinery" under the "Assam Tea Industries Special Incentives Scheme" - Introduction

Launched in 2020, the scheme “Assam Tea Industries Special Incentives Scheme (ATISIS)” by the Finance (Institutional Finance) Department, Government of Assam, aims to ensure long-term financial sustainability of the tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam, through multiple implementing agencies, including banks and the District Industries & Commerce Centre. The applications for this scheme are accepted online through a dedicated portal with a Direct Benefit Transfer mechanism for reimbursement.

Benefits

Benefit Amount: 25% of the cost of Plant & Machinery.

Maximum Amount: ₹30,00,000/- or 25% of actual cost, whichever is less.

Validity Period: Units starting production on or after 01-04-2020 and before 31-03-2028.

Claim Period: Within 12 months of the start of commercial manufacturing activities.

Disbursement Mode: Direct Benefit Transfer as reimbursement.

Post-Selection Condition: Manufacturing unit shall not sell the machinery before expiry of at least 5 years from start of manufacturing.

Eligibility

General Eligibility

  • The applicant must be a tea plantation of any size.
  • The applicant must be a tea manufacturing unit that manufactures Crush, Tear, Curl Tea, Orthodox Tea, or Speciality tea, including Green tea, Oolong tea, White tea, Yellow tea, and Purple tea.
  • The applicant must be located entirely in Assam.
  • The applicant must not have any part of the plantation or manufacturing facility located outside the State of Assam.

Plant & Machinery Subsidy Specific Eligibility

  • The applicant must be manufacturing Orthodox tea, Green tea, White tea, Oolong tea, Singhpo tea, Purple tea, Yellow tea, or other Speciality tea (not manufactured through Crush, Tear, Curl process).
  • The applicant must have started production on or after 01-04-2020 and before 31-03-2028.
  • The applicant must be either an entirely new unit or an existing unit which has expanded its capacity by creating additional infrastructure for production of Orthodox and Speciality Tea.
  • The applicant must use all new machinery (no subsidy available on second hand machinery or parts of a machine).
  • The applicant must not have claimed any similar subsidy under any other scheme of the Government of India or the State.

Application Process

  • Step 1: Visit the atisis.assam.gov.in of "Assam Tea Industries Special Incentives" Scheme. Click on the "New User Registration" option.
  • Step 2: In the registration form, fill in basic details including name, mobile number, and email address. Create a username and password following the portal's password policy. Verify your mobile number through one-time password verification. Complete Captcha Code verification. Submit the registration form.
  • Step 3: Check your registered email for the account activation link. Click on the activation link to activate the account. Log in to the portal using registered credentials.
  • Step 4: Upload all supporting documents of eligibility in the prescribed format. Fill in complete unit details, including location, type of tea production, and capacity. Submit the unit registration form. Wait for registration approval.
  • Step 1: Log in to the portal using registered credentials. Navigate to the "Apply for Benefits" section. Select the scheme component that you intend to apply for.
  • Step 2: Fill in the prescribed application form with all mandatory fields. Upload all supporting documents as mentioned in the portal. Ensure file formats and file size restrictions are followed as per the portal guidelines. Review all entered information for accuracy.
  • Step 3: Upload documents in the specified format and size. Ensure all documents are clear and legible. Complete document verification checklist.
  • Step 4: Review the complete application before submission. Apply online.

Note down the application reference number. Save a copy of the submitted application form.

Applicants are strongly encouraged to save a copy of the submitted application, confirmation message, and application reference number for future reference and tracking purposes.

Log in to the portal to check application status. Track application progress through different stages of verification. Receive Short Message Service alerts throughout the process, including registration, fund release, etc.

For Technical Support, please write to [email protected].

The Finance Department releases the benefit directly to the beneficiary's bank account. Short Message Service alerts sent for funds disbursement. The beneficiary receives the Direct Benefit Transfer in a registered bank account.

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