News In Brief Agriculture
News In Brief Agriculture

Find out how India achieved USD 50 billion Export Target in the Agriculture Sector

Share Us

1100
Find out how India achieved USD 50 billion Export Target in the Agriculture Sector
25 Apr 2022
6 min read

News Synopsis

On Sunday, officials of the Commerce Ministry said that the achievement of reaching the highest-ever mark of USD 50 billion worth of agriculture exports was accomplished because of the multiple steps taken by the Department of Commerce. While interacting with ANI, the officials of the Commerce Ministry told that the previous highest mark was in the year 2013-14 at USD 43 billion after which the exports witnessed a fall of exports and suffered a USD 10 billion decrease in the figure by the year 2016- -17 after which Department of Commerce recognized four main reasons behind the decrease in exports of agriculture. The officials said, "First, there was a disconnect between production and export of agricultural produce. Second, the State Government and farmers were not well acquainted with the concept of export-oriented production.”

The Ministry also discovered that the States were taking exports as the responsibility of the central government only and also the lack of agriculture export infrastructure and expertise with the state governments. The official further commented: "Our officials spread awareness and informed farmers that if there would be a surplus agriculture produce, Government of India will export it as the government wanted to help agriculture and its allied sectors as they provide the largest source of livelihoods in India.”

TWN In-Focus