TEA BOARD IN INDIA: GEOGRAPHY

NEWS: Tobacco Board focuses on sustainability and growth of the industry; exports reach 12,005 crores in 2023-24

 

WHAT’S IN THE NEWS?

The Tobacco Board of India has undertaken several strategic measures to ensure the sustainability and growth of the tobacco industry, which plays a vital role in India's economy as a significant agricultural commodity and export contributor.

 

Key Initiatives by the Tobacco Board

a) Crop Planning and Production Regulation

  • Aligns production with domestic consumption and export demand to prevent oversupply or shortages.
  • Regulates the area under tobacco cultivation and ensures balanced production for sustainability.

b) Farmer Support

  • Provides handholding assistance to farmers for producing high-quality tobacco that meets export standards.
  • Educates farmers on best agricultural practices to improve yield and quality.

 

c) Promotion of Exports

  • Carries out various export promotion activities to sustain and improve global demand for Indian tobacco.
  • Leverages an IT-enabled electronic auctioning system to ensure better price discovery, transparency, and fair pricing for farmers.

 

India’s Tobacco Industry at a Glance

a) Global Rankings

  • 2nd Largest Producer of tobacco after China.
  • 4th Largest Producer of Flue-Cured Virginia (FCV) Tobacco, used in high-quality cigarettes, after China, Brazil, and Zimbabwe.
  • 2nd Largest Exporter of unmanufactured tobacco in quantity, after Brazil.

b) Economic Contribution

  • The tobacco industry contributed Rs. 12,005.89 crore to the Indian exchequer through exports in 2023-24, making it a key revenue generator.

 

About the Tobacco Board of India

a) Overview

  • Statutory Body: Established under the Tobacco Board Act, 1975 (Act 4 of 1975).
  • Functions under the Ministry of Commerce & Industry.

b) Functions

  1. Regulates and promotes the production of Flue-Cured Virginia (FCV) tobacco, a primary export variety.
  2. Enhances the export potential of Indian tobacco by maintaining high-quality standards.
  3. Supports farmers by providing technical assistance and infrastructure for improved tobacco quality.
  4. Facilitates the adoption of technology and systems like e-auction platforms for better price realization and efficiency.

 

Significance of the Initiatives

  1. Economic Benefits:
    • Ensures the growth of a key agricultural commodity that contributes significantly to India’s GDP and export revenue.
  1. Farmer Welfare:
    • Improves the livelihoods of farmers by ensuring fair prices and high-quality production.
  1. Global Standing:
    • Strengthens India’s position as a major player in the global tobacco market.
  1. Sustainability:
    • Balances production to meet demand without over-exploitation of resources.

Source: https://pib.gov.in/PressReleasePage.aspx?PRID=2089182#:~:text=The%20effective%20Government%20policies%20and,6%2C408.15%20crore%20in%202019%2D20.