CCPA urges TBI to reintroduce English Auction System instead of ongoing Bharat Auction System
The Statesman|September 17, 2023
The Consultative Committee of Plantations Associations (CCPA) has urged the Tea Board of India (TBI) to reintroduce English Auction System instead of the ongoing Bharat Auction System.
CCPA urges TBI to reintroduce English Auction System instead of ongoing Bharat Auction System

In a letter to the Deputy Chairman of the TBI, Saurav Pahari, the Chairman of the CCPA Atul Asthana has expressed concerns raised by all constituent associations of the CCPA regarding sharp decline in tea prices after implementation of Bharat Auctions.

“Depressed price realisation in auctions is adversely impacting the cash flow of all tea producers at a time when the industry is under obligation to fulfill several financial commitments in September and October like tea workers’ bonuset all,” Atul Asthana said.

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