Published Paper Details:

Economic liberalization is a process of interaction and interdependence between different sectors and industries which implies neither deficiency nor surplus through input and output or free export and import among different countries. It is a global chain with free market operation connected with each other. Considering that there should not be the deficiency or excess of demand of product and price should not be fallen destructively such that price is not cover their cost. But in reality the small tea growers are not receiving favorable terms of trade of their product. Price is the key mechanism by which domestic and international markets are linked by free market operation under the context of economic liberalization. Thus for effective functioning of the market with action the demand and supply reaction, should be accurate and match each other such that how much produce should exactly equal to how much consume i.e. demand of product is equal to supply of product. The present study has made an attempt to find out the reasons of price fluctuation of tea leaves from the context of economic liberalization and suggestive measures through a case study of small tea growers in Jorhat district of Assam. Keywords: Small tea growers, bought leaf factory, Tea Marketing Control Order, Tea Board