Agri-commodities exports rise 43.four% in April-September: Authorities

2020/10 11 02:10

Exports of agri-commodities rose by 43.four per cent to Rs 53,626.6 crore within the first half of the present fiscal however the continued Covid-19 disaster, the Union Agriculture Ministry stated on Saturday.

Farm exports stood at Rs 37,397.three crore throughout the April-September interval of the 2019-20 fiscal, it stated.

In September 2020, agri exports rose by 81.7 per cent to Rs 9,296 crore from Rs 5,114 crore in September 2019.

“The constant and concerted efforts of the Authorities to spice up agricultural exports are bearing fruit as regardless of of the on-going Covid-19 disaster, the export of important agri commodities for the cumulative interval of April-September, 2020 has elevated by 43.four per cent to Rs 53,626.6 crore,” the ministry stated in a press release.

Optimistic development was recorded in export of groundnut (35 per cent), refined sugar (104 per cent), wheat (206 per cent), basmati rice (13 per cent) and non-basmati rice (105 per cent) throughout the April-September of this fiscal from over the year-ago, it stated.

Moreover, stability of commerce throughout April-September 2020 was considerably constructive at Rs 9,002 crore as in opposition to commerce deficit of Rs 2,133 crore within the stated interval, it added.

To spice up agri exports, the Authorities introduced Agriculture Export Coverage, 2018 which inter-alia gives for cluster-based method for export-centric farming of money crops like fruits, greens, spices, and so forth. whereby clusters for particular agri merchandise are recognized throughout the nation and centered interventions are carried out in these clusters.

Eight Export Promotion Boards (EPFs) have been arrange below the aegis of agri-export promotion physique APEDA to spice up export of agriculture/ horticulture merchandise. The EPFs are created on banana, grapes, mango, pomegranate, onion, dairy, rice basmati and rice non-basmati.

The EPF are making concerted efforts to determine, doc particulars of, and attain out to stakeholders throughout your entire manufacturing/ provide chain of export for growing these exports considerably to the worldwide market, by way of varied interventions, it stated.

That aside, the Authorities has additionally introduced Agri-Infra Fund of Rs 1 lakh crore to enhance agri enterprise setting which is able to promote agri exports in the end, the ministry stated.

Apart from, the Agriculture Ministry has additionally ready a complete motion plan in the direction of promotion of agri commerce i.e to spice up agri export with emphasis on worth addition and an in depth motion plan for import substitution, the assertion added.


Supply hyperlink

--CopyRights: http://newsrepair.in/index.php/2020/10/11/agri-commodities-exports-rise-43-four-in-april-september-authorities/

Leave a Reply

Welcome (Toggle)

(required)