Press Information Bureau

Government of India

Ministry of Finance

27-March-2012 18:13 IST

The total revenue collected from central excise duty during the financial year 2011-12 (upto January, 2012) is about Rs. 1,14,046 Crore (provisional).

The total excise duty collected from tobacco products during the financial year 2011-12 (upto January, 2012) is about Rs. 14,804 Crore (provisional).

The break-up of excise duty collected from tobacco products during the financial year 2011-12 (upto January, 2012) is under:-

 * provisional.

The Tobacco Board undertakes a number of welfare activities to protect the interest of the tobacco growers and their families such as Group Personal Accidental policy, life term insurance policy for growers etc.  Under the Tobacco Growers Scheme launched in March, 2010, the Tobacco Board provides financial assistance for relief in the event of death of grower member, treatment of major illness, advances for marriages of girl child of the grower member etc.  These activities are undertaken by the Tobacco Board out of revenue generated by it.    

This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in the Rajya  Sabha today.

DSM/SS/SL

Excise duty on tobacco remains a significant revenue source and funds tobacco growers' welfare and assistance schemes. Central excise duty on tobacco products formed a material part of central excise receipts in 2011-12 (upto January 2012), with a provisional product-wise break-up provided for cigarettes, chewing tobacco, beedis and other tobacco products. The Tobacco Board uses revenue it generates to fund welfare measures for growers and families, including group personal accident policies, life term insurance and, under the Tobacco Growers Scheme (launched March 2010), financial assistance for death of a grower member, treatment of major illness and advances for marriages of grower members' girl children.