ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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CALCUTTA-Victory for Tea Lobby

September 23, 1978 THE tea lobby has finally done it. The Union Commerce Ministry which during the past several months has stoically resisted the plea for a cut in the export duty has at last given in with a reduction in the rate from Rs 5 per kg to Rs 2 per kg. The. ministry has announced a few other back-up measures to ensure that the domestic tea price does not go out of bounds but these do not make the against-the-current decision any better. The ministry's move is at best a calculated risk which ud have been avoided and at worst a gift to some rich people to line their pockets.

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