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SAPTAGIRI GRAMEENA BANK

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SAPTAGIRI GRAMEENA BANK Saptagiri Grameena Bank (SGB) has been formed with the merger of Sri Venkateswara Grameena Bank, Chittoor, Chittoor district and Kanakadurga Grameena Bank, Gudivada, Krishna District with effect from from July 1, 2006 with head office at Chittoor. The circular dark blue emblem of the bank has a motif of one Rupee coin above a pair of crossed golden bars forming four quadrants in a circle. These quadrants have motifs of a milch cow; tobacco and sugarcane plant; a tractor and a gear on micro scale industry. These are ensconced in a circular border which carries its name and its slogan ‘Striving for Rural Prosperity’ The coin denotes money, wealth and banking; cow denotes cattle farming and dairy farming; tobacco and sugarcane denote commercial farming; tractor denotes mechanisation of agriculture and the gear and structure represents the micro, small and medium industries. All these motifs are from the domain of the bank’s operations, which involves f

TOBACCO BOARD

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TOBACCO BOARD The Tobacco Board was constituted as a statutory body on January 1, 1976 under Section (4) of the Tobacco Act, 1975.  The Board is headed by a chairman with headquarters at Guntur, Andhra Pradesh and is responsible for the development of the tobacco industry. The Board also has a Directorate of Auctions at Bangalore and 18 auction platforms across the states of Andhra Pradesh and Karnataka. The primary functions of the Board include regulating the production and curing of Virginia Tobacco; keeping a constant watch on the Virginia Tobacco market in India and abroad; ensuring fair and remunerative prices to growers; maintaining and improving existing markets and developing new markets abroad by devising appropriate marketing strategies. The Board is entrusted with the task of recommending to the Central Government the minimum prices that may be fixed; regulating tobacco marketing in India with due regard to the interest of growers, manufacturers and dealers; propagat