Hotline: 1800 102 2007
X
Search Business Opportunities
2011-06-21

Cut in tobacco sought

The Tobacco Board and the Indian Tobacco Association (ITA) are planning to bring down the production limit for the next season, in the wake of agitation by tobacco growers for a remunerative price thi

The Tobacco Board and the Indian Tobacco Association (ITA) are planning to bring down the production limit for the next season, in the wake of agitation by tobacco growers for a remunerative price this season.

 

The Board has been allowing 170 million kg production in Andhra Pradesh for the past three seasons. Though it permitted 170 million kg this year, the production has come down to 160 million kg due to rain in December 2010. Even this has not helped support the price in the market as excess production is available in the international market. Brazil and Zimbabwe have increased their production, eating the export demand from India.

 

Moreover, the tobacco produced from southern black soils (SBS), northern black soils (NBS) and central black soils (CBS) is not preferred for cigarette manufacturing, which is why there is no demand for the product from these areas.

 

The crop in the SBS and southern light soils (SLS), spread over Prakasam and Nellore districts, is losing its quality due to weather conditions and also the agricultural practices. In fact, the problem between the growers and the traders in Prakasam district, where the auctions were closed in 11 platforms, created unrest in the market.

 

Board chairman G Kamalavardhana Rao and executive director C V Subba Rao, have been in contact with traders, particularly the representatives of ITA to resolve the dispute in the SLS and SBS areas.

Related opportunities
  • Professional Education coaching
    About: ICA was founded in 1999, and began its journey with..
    Locations looking for expansion Delhi
    Establishment year 1999
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Real Estate Sub
    About Us: RE/MAX is one of the World’s largest and most..
    Locations looking for expansion New Delhi
    Establishment year 1973
    Franchising Launch Date 2009
    Investment size Rs. 10000 - 50 K
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • About Us GingerBread House IND is efficiently managed & headed by..
    Locations looking for expansion West Bengal
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 1300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
  • Juices / Smoothies / Dairy parlors
    About Us: Established in the year 2017, SCOSSA, a venture of..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ambala Haryana
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts