Impact of the Tea Development and Promotion (TDP) Scheme on India's Tea Industry
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Abstract
In recent times, the Indian tea industry, renowned for its deep-rooted traditions and significant economic contributions, has faced formidable challenges jeopardizing its historic prominence. This study extensively assesses the profound impact of the Tea Development and Promotion (TDP) Scheme, both before and after its implementation. It delves into pre-scheme challenges, including labor disputes, unpredictable weather affecting crop yields, inflation eroding profits, and declining export volumes. The TDP Scheme was designed to not only address these issues but also stimulate growth by enhancing production, stabilizing pricing, and boosting export competitiveness. The research explores post-scheme outcomes, shedding light on shifts in production, pricing, and exports, and examines their impact on overall performance. Through comparative analysis, it evaluates whether the scheme effectively tackled long-standing challenges, providing valuable insights for policymakers and industry stakeholders.