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An internal World Bank investigation released on Monday morning has found evidence of serious labour rights abuses on tea plantations it finances in Assam. The report also implicates the Tata Group whose wholly-owned subsidiary Tata Global Beverages owns just under 50 per cent of the company that owns the plantations. India is the world's second largest producer of tea and Assam produces half of India's tea. The tea sector is India's largest private sector employer, employing over one million people in Assam alone. Amalgamated Plantations Private Limited (APPL) is the second largest producer and supplier of tea in India and has 30,000 permanent workers in 25 plantations in Assam and West Bengal. In the early 2000s, the industry was in crisis with several estates shutting down. After Tata Global Beverages (TGB) turned to the International Finance Corporation (IFC), the Bank's private sector investment arm, for help, a new company - APPL - was set up in 2006 to acquire and run 24 plantations owned by TGB; the IFC invested $7.8 million and it's stake is 19.9 per cent, while TGB owns 49.6 per cent. The management and workers would be offered the opportunity to buy shares in the new company, a "worker-shareholder model" that the IFC wanted to support.
Keywords
World Bank, labour right, tea plantation, finance, Assam, permanent worker, West Bengal, crisis
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