By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Centre allows sale of excess FCV tobacco through auction platforms in Andhra Pradesh
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Centre allows sale of excess FCV tobacco through auction platforms in Andhra Pradesh

India News

Centre allows sale of excess FCV tobacco through auction platforms in Andhra Pradesh

India Times Now Desk
Last updated: September 25, 2026 1:46 pm
India Times Now Desk
Published: September 25, 2026
Share
SHARE


Tobacco Board Chairman Chidipothu Yashwanth Kumar during his recent meeting with Union Commerce and Industry Minister Piyush Goyal.

Tobacco Board Chairman Chidipothu Yashwanth Kumar during his recent meeting with Union Commerce and Industry Minister Piyush Goyal.

The Government of India has permitted the sale of excess Flue Cured Virginia (FCV) tobacco produced by registered growers and unauthorised FCV tobacco grown by unregistered farmers through the Tobacco Board auction platforms in Andhra Pradesh for the 2025-26 crop season, providing relief to growers facing difficulties in marketing their produce.

Tobacco Board Chairman Chidipothu Yashwanth Kumar told The Hindu here on Friday that the decision would bring the remaining stocks into the regulated auction system and facilitate their orderly liquidation.

Against the authorised crop size of 142 million kg, estimated production during 2025-26 is around 236 million kg. As of September 24, a total of 111.64 million kg, or 47.30% of the estimated production, had been marketed over 148 auction days. The average price realised so far was ₹213.27 per kg, against ₹248.86 per kg during 2024-25.

The season initially faced marketing difficulties due to excess availability, carry-over stocks, subdued export demand, slower procurement and increased availability of low-grade and off-style tobacco.

However, the situation improved in recent weeks, with no-bids declining from around 40% to about 10%. Weekly liquidation increased to 10-11 million kg, while quality NLS tobacco fetched around ₹346 per kg in recent auctions.

The Centre and the Andhra Pradesh government have taken several measures to support growers. The State introduced Price Deficiency Compensation of ₹10 per kg for identified low-grade and off-take tobacco, covering an estimated 94 million kg and involving about ₹94 crore.

The Chairman also welcomed the Centre’s decision to waive additional service charges on excess tobacco produced by registered growers during the current season. About 43,586 registered growers cultivated FCV tobacco over 1,14,423 hectares, producing an estimated 236 million kg. The waiver is expected to benefit registered and unregistered growers, with the financial benefit estimated at ₹226 crore.

Mr. Yashwanth Kumar thanked Union Commerce and Industry Minister Piyush Goyal, Chief Minister N. Chandrababu Naidu, State Ministers Kinjarapu Atchannaidu, Gottipati Ravi Kumar and Dola Sree Bala Veeranjaneya Swamy, Rajahmundry MP Daggubati Purandeswari, other MPs and public representatives for their support in addressing the tobacco growers’ difficulties.

Published – September 25, 2026 07:13 pm IST



Source link

Bihar’s 75 lakh women receive ₹10,000 each as PM launches scheme ahead of polls
Sangeethabhushan Award given away – The Hindu
Man with pregnant wife sits on road in protest against Governor’s convoy in Bengaluru
West Bengal govt. employees protest over DA arrears
Congress demands withdrawal of Haj circular seeking additional payment from pilgrims
TAGGED:auction of excess FCV tobaccorelief for FCV tobacco growerswaiver of additional service charge on excess tobacco produced
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Monsoon may remain subdued after vigorous onset in Kerala

India Times Now Desk
India Times Now Desk
June 4, 2026
Drip irrigation may replace tankers to maintain ORR greenery amid road safety concerns
Bumpy road to citizenship – The Hindu
Engineer’s family death pact: Accussed Sk. Sadhik Khan arrested in Uttar Pradesh
Drop plan for Tamil Nadu Secretariat at Pattinapakkam, CPI urges State government
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?