Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh

The Government of India has approved a one-time, interest-free loan of ₹50,000 per barn for Flue-Cured Virginia (FCV) tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering approximately 44,000 growers with a financial intervention of about ₹220 crore, the assistance will be provided directly to farmers through Direct Benefit Transfer (DBT). The initiative aims to offer immediate liquidity, help meet household requirements, enable the repayment of institutional loans, facilitate the purchase of inputs for the upcoming crop season, and reduce dependence on private borrowing amidst shifting global market conditions and international trade dynamics.