Tea Board to revert to old English auction system pan India

Updated: Sep 26 2023 4:43PM

Kolkata/Guwahati, Sep 26 (PTI) The Tea Board India has written to registered auction organisers across the country, producers associations and buyers associations that it has been decided to revert to the old English auction system for which it has issued necessary timelines.

The letter issued on Monday said that it has been decided to introduce the practices of the erstwhile English auction system under the ambit of the Bharat auction model.

Earlier, the Bharat auction system was introduced in North India in April 2023, while the same was already in force in South India earlier.