Guwahati, May 22: After failing to either revive or sell off the loss-making gardens of the Assam Tea Corporation Ltd (ATCL), the Tarun Gogoi government has decided to lease out these properties for 25 years.
The chief minister had personally requested four tea majors to bail out the ATCL, but none of these wanted to buy the sick gardens.
A committee was constituted recently to ascertain the lease value and liabilities of all the gardens owned by the corporation.
Sources said the cumulative value of these 15 gardens was estimated at Rs 750 crore, while the liabilities had been pegged at Rs...