CURRENT AFFAIRS
CURRENT AFFAIRS
Description
The Tobacco Board of India plays a key role in supporting the tobacco industry’s sustainability and growth. Below is an overview of the Tobacco Board and its functions:
About Tobacco Board Of India
Establishment - The Tobacco Board was created on January 1, 1976, under the Tobacco Board Act of 1975 (Act 4 of 1975), passed by the Indian Parliament.
Leadership - The Board is headed by a chairperson and is tasked with overseeing the development and regulation of the tobacco industry in India.
Key Functions
Export Promotion - The Board’s primary responsibility is to promote the export of all varieties of tobacco and related products, while also overseeing their production, distribution (both for domestic use and export), and regulation, particularly of Flue Cured Virginia (FCV) tobacco.
Support for Farmers - The Board ensures a fair and remunerative pricing system for tobacco farmers. It also facilitates financial assistance through banks and provides necessary inputs for producing high-quality tobacco.
Sustainability and Development - The Board is engaged in extending technical support and promoting sustainable agricultural practices for tobacco cultivation. It offers assistance to farmers to ensure the production of tobacco that meets international quality standards.
Quality Assurance - The Tobacco Board helps farmers maintain the quality of tobacco by offering guidance and resources to meet the standards required by importing countries.
Key Details
Headquarters: Guntur, Andhra Pradesh.
Nodal Ministry: Ministry of Commerce and Industry.
India’s Position In Global Tobacco Industry
Production - India is the second-largest producer of tobacco globally, following China.
Flue Cured Virginia (FCV) Tobacco - India is the fourth-largest producer of FCV tobacco, after China, Brazil, and Zimbabwe.
Exports - India ranks as the second-largest exporter of unmanufactured tobacco by quantity, just behind Brazil.
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