The
government has prepared a working capital loan scheme for tea factories
inconvenienced due to the crisis situation in the world market.
This loan scheme for all tea factory owners would be implemented through all state and commercial banks while the government has promised the relevant banks of a 02 per cent interest relief to be paid by the Treasury.
The economic crisis in Russia has badly affected Sri Lanka’s low-grown teas while the manufacturers claim that hence low-grown tea prices have dropped drastically.
This loan scheme for all tea factory owners would be implemented through all state and commercial banks while the government has promised the relevant banks of a 02 per cent interest relief to be paid by the Treasury.
The economic crisis in Russia has badly affected Sri Lanka’s low-grown teas while the manufacturers claim that hence low-grown tea prices have dropped drastically.