India, Sept. 25 -- The Government of India has issued a release:
The Government of India has approved a one-time, interest-free loan of Rs.50,000 per barn for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme, providing timely financial support to growers amid evolving global market conditions.
Auctions for the 2025-26 crop season in Andhra Pradesh commenced on 25 March 2026, with approximately 100 million kg of Flue-Cured Virginia (FCV) tobacco auctioned so far. FCV tobacco is predominantly cultivated in Andhra Pradesh and Karnataka.
The global tobacco market has witnessed changing demand patterns, geopolitical developments and evolving international trade dynamics, influencing procurement a...