In response to CM Naidu's requests, Union Minister Piyush Goyal assured that the Centre would take positive steps to support farmers engaged in tobacco, palm oil, and mango cultivation.
Export volumes surged from 218.84 million kg in 2019-20 to 315.51 million kg in 2023-24, bolstered by effective government policies and the Tobacco Board's relentless efforts. India, the second-largest tobacco producer globally, has maintained its dominance in the export market.
The decision has been taken due to "Michaung" cyclonic rains during the period 3rd to 5th December, 2023 that resulted in an additional expenditure incurred by farmers towards replantation/gap filling in the main field.
The government of India will make all efforts to waive the penalty on excess tobacco produced by the tobacco farmers, highlighted Union Minister of Commerce and Industry Piyush Goyal during a meeting with Farmers and traders of tobacco in Hyderabad on Saturday.
In a move to provide immediate relief to over 28,000 FCV Tobacco farmers affected by Cyclone Mandous in Andhra Pradesh, Union Commerce and Industry Minister Piyush Goyal accorded approval for Rs 28.11 crore to extend the special interest-free loan of Rs 10,000 to each member of Tobacco Board
Amaravati (Andhra Pradesh) [India], June 19 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy addressed the tobacco board review meeting focusing on farmer-trader issues at the Tadepalli camp office on Thursday.