SOSTUPM-ATISIS

The scheme aims to ensure long-term financial sustainability of the Tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam.

Launched in 2020, the scheme "Assam Tea Industries Special Incentives Scheme (ATISIS)" by the Finance (Institutional Finance) Department, Government of Assam, aims to ensure long-term financial sustainability of the Tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam, through multiple implementing agencies, including banks and the District Industries & Commerce Centre. The applications for this scheme are accepted online through a dedicated portal with a Direct Benefit Transfer mechanism for reimbursement.

General Eligibility

• The applicant must be a tea plantation across all sizes.
• The applicant must be a tea manufacturing unit manufacturing Crush, Tear, Curl Tea, Orthodox Tea, or Speciality tea including Green tea, Oolong Tea, White tea, Yellow tea and Purple tea.
• The applicant must be located entirely in Assam.
• The applicant must not have any part of the plantation or manufacturing facility located outside the State of Assam.

Plant & Machinery Subsidy Specific Eligibility

• The applicant must be manufacturing Orthodox tea, Green tea, White tea, Oolong tea, Singhpo tea, Purple Tea, Yellow tea or other Speciality tea (not manufactured through Crush, Tear, Curl process).
• The applicant must have started production on or after 01-04-2020 and before 31-03-2028.
• The applicant must be either an entirely new unit or an existing unit which has expanded its capacity by creating additional infrastructure for production of Orthodox and Speciality Tea.
• The applicant must use all new machinery (no subsidy available on second hand machinery or parts of a machine).
• The applicant must not have claimed any similar subsidy under any other scheme of the Government of India or the State.

Benefit Amount: 25% of the cost of Plant & Machinery.

Maximum Amount: ₹30,00,000/- or 25% of actual cost, whichever is less.

Validity Period: Units starting production on or after 01-04-2020 and before 31-03-2028.

Claim Period: Within 12 months of the start of commercial manufacturing activities.

Disbursement Mode: Direct Benefit Transfer as reimbursement.

Post-Selection Condition: Manufacturing unit shall not sell the machinery before expiry of at least 5 years from start of manufacturing.