Standing in the middle of a tea plantation in Dooars, Santosh Barman gazes at the sky, trying to figure out if rain clouds are gathering. Hundreds of tea gardens stretching from the plains of Dooars-Terai to the hills of Darjeeling are reeling from insufficient rains. A good splash or two for the parched gardens would be nothing short of manna from heaven.
Barman makes a living from supplying bigha or daily wage workers to tea gardens during the peak plucking months. In a good year, he provides 500-550 workers a day.
This season, so far, he has struggled to get past 150. Pointing to the tea bush, he says, there is hardly anything to pluck in most gardens.
"Some are closed." Patchy rainfall until March has disrupted the ecosystem around the colonial plantations steeped in history. And it's not just this season or the last. Climate change adversities over the past few years have resulted in losses for everyone-from the contractor to the producer. Cut to the estate.
"The tea industry is sinking; it's like every year is worse than the previous; the cost is up, prices are stagnant, and the crop is down," says a veteran in the industry with more than four decades of experience as a plantation manager, on condition of anonymity.
The March crop in Dooars is lower by 30 per cent compared to last year. But there have been intermittent rains in some areas from the end of March. "We expect the second fortnight of April to be better," says Sam Varghese, chief advisory officer, Tea Research Association (Dooars).
But the bhanji period is getting extended, which will impact quality, he adds. Bhanji is the resting or dormant period between flushes.
Poll time, teatime
Denne historien er fra April 19, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 19, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A life that lives beyond
The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.
Ratan Tata: The unlikely social media star
On Monday, Ratan Tata posted on social media: \"Thank you for thinking of me,\" debunking rumours about his health. Just two days later, on Wednesday, the former Tata Group chairman passed away in a Mumbai hospital at the age of 86.
Paytm appears poised for rebound
While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license.
Love-all, RAFA
'KING OF CLAY' TO SIGN OFF FROM PROFESSIONAL TENNIS BY THE END OF THIS SEASON
Aman for startups
Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.
RBI's inflation caution may halt FMCG rally
Analysts suggest buying quality stocks on dips for long term
Indices close marginally higher
Equity benchmark indices Sensex and Nifty settled higher on Thursday due to gains in banking, power, and industrial stocks amid a firm trend in global markets.
Oil gains after 2-day decline
Oil rose after a two-day decline as traders watched for an Israeli response to Iran's missile attack early last week, while US crude stockpiles expanded the most since April.
Pro-rata distribution mandate for AIFs likely to see tweaks
Final norms to ensure excuse, exclude provisions co-exist
Bernstein downgrades Indian stocks on valuation concerns
Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.