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Tobacco auctions begin on promising note

Tobacco auctions begin on promising note Updated: Updated: Good grade out-turn with bright grade varieties augured well for farmers: tobacco board chief Share Article AAA State Energy Minister Balineni Srinivasa Reddy inspecting the quality of tobacco on the inaugural day of auctions on Monday.   | Photo Credit: KOMMURI SRINIVAS Good grade out-turn with bright grade varieties augured well for farmers: tobacco board chief Auctioning of tobacco, the principal commercial crop in the drought-prone areas of Prakasam and SPSR Nellore districts, began on an encouraging note on Monday. Inaugurating the auctions at Ongole II auction platform along with Tobacco Board Chairman K.Raghunatha Babu, State Energy Minister Balineni Srinivasa Reddy said the State government for the first time had directly entered the market in a crisis situation in the wake of a slump in the market.

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