Andhra Pradesh Cuts Green Tax, Announces ₹275 Crore Aid for Mango and Cocoa Farmers

IO_AdminAfrica8 hours ago11 Views

Quick Summary:

  • Green Tax Amendment: Andhra Pradesh State Cabinet, led by Chief Minister N. Chandrababu Naidu, has decided to amend the A.P. motor Vehicles Taxation Act, 1963 via an Ordinance. Green tax for transport vehicles will be reduced to ₹1,500 and ₹3,000 annually instead of being linked to the quarterly tax system.
  • Previous Tax Structure: Under the previous YSRCP-led government’s policy (effective January 2022), trucks aged over seven years paid punitive green tax rates based on their age-up to double the quarterly taxes (~₹20,000 annually).
  • Beneficiaries of New Rate Reduction: Approximately 9.56 lakh vehicle owners are expected to benefit.
  • Support for Cocoa farmers: The Cabinet approved procuring 2,976 metric tonnes of unsold cocoa beans at ₹50/kg and allocated financial assistance amounting to ₹14.88 crore to drought-prone farmers.
  • Support for Mango Cultivators: The State government will purchase 6.5 lakh metric tonnes of Totapuri mangoes from Chittoor district farmers at ₹4/kg with an overall budget allocation of ₹260 crore.

Indian Opinion Analysis:

The reduction in green taxation marks a significant shift in policymaking aimed at easing financial burdens on transport vehicle owners while rectifying what some might deem as overly stringent previous policies under the prior administration. With nearly 9.56 lakh beneficiaries potentially affected positively by this decision, it could foster goodwill among commercial vehicle operators while encouraging compliance due to lower costs.

The measures supporting cocoa and mango cultivators demonstrate a targeted approach toward addressing regional agricultural challenges exacerbated by drought conditions and market instability. By stabilizing prices and ensuring fair returns through state-backed procurement initiatives, the government appears focused on promoting sustainable farming practices while providing immediate relief during economic hardships.

While these steps reflect proactive governance aiding diverse sectors-from transport logistics to agriculture-the long-term outcomes in terms of funding sustainability or ripple effects on other industry stakeholders remain areas deserving scrutiny moving forward.

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