Tobacco farmers suffered ₹3,100 crore loss in Andhra Pradesh, alleges YSRCP
The YSR Congress Party has claimed that tobacco farmers in Andhra Pradesh are facing significant financial losses due to declining auction prices and rising cultivation costs. Allegations suggest that farmers have incurred losses of approximately ₹3,100 crore over the past two rabi seasons. The party has called on the state government to take action to ensure better prices for agricultural products to mitigate the ongoing crisis.
- ▪Tobacco farmers in Andhra Pradesh have suffered losses of nearly ₹3,100 crore over the last two rabi seasons.
- ▪The average tobacco price fell from ₹288.65 per kg in 2023-24 to ₹248.86 per kg in 2024-25 despite increased production.
- ▪Farmers incurred losses of nearly ₹1,199 crore during the first rabi season under the current government due to lower prices and higher costs.
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The YSR Congress Party general secretary and former Andhra Pradesh State Agriculture Mission vice-chairman M. V. S. Nagi Reddy has alleged that tobacco farmers in Andhra Pradesh were reeling under a severe financial crisis owing to falling auction prices and rising cultivation costs.In a statement issued on Tuesday, Mr. Nagi Reddy claimed that tobacco farmers had suffered losses of nearly ₹3,100 crore during the last two rabi seasons compared to the 2023-24 season when the YSRCP government was in power under former Chief Minister Y. S. Jagan Mohan Reddy.He said the average tobacco price, which stood at ₹288.65 per kg in 2023-24 with production of 215.35 million kg, fell to ₹248.86 per kg in 2024-25 despite production increasing to 240.64 million kg.
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