Centre permits auction of excess FCV tobacco in Andhra Pradesh
The Centre has allowed excess Flue-Cured Virginia tobacco produced by registered growers in Andhra Pradesh to be sold through auction platforms, The Hindu reported. The Tobacco Board has also waived an additional service charge on the excess crop this season.
The Centre has allowed the sale of excess Flue-Cured Virginia tobacco through auction platforms in Andhra Pradesh, The Hindu reported. The measure applies to excess tobacco produced by registered growers during the current season. It provides a route for the crop to be sold through the auction system.
The Tobacco Board has also waived the additional service charge that would otherwise apply to the excess tobacco, according to the report. Tobacco Board Chairman Yashwanth Kumar announced or confirmed the measure, although the supplied material does not include a direct quotation from him. The report does not state the volume of excess tobacco covered, the duration of the waiver or the expected effect on growers and buyers.
No further details of the auction arrangements were provided.
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