Exports of agri-commodities rose by forty three.4 per cent to Rs fifty three,626.6 crore in the 1st fifty percent of the current fiscal notwithstanding the ongoing Covid-19 crisis, the Union Agriculture Ministry claimed on Saturday.
Farm exports stood at Rs 37,397.3 crore through the April-September time period of the 2019-20 fiscal, it claimed.
In September 2020, agri exports rose by eighty one.seven per cent to Rs 9,296 crore from Rs 5,114 crore in September 2019.
“The constant and concerted initiatives of the Governing administration to increase agricultural exports are bearing fruit as irrespective of of the on-going Covid-19 crisis, the export of critical agri commodities for the cumulative time period of April-September, 2020 has amplified by forty three.4 per cent to Rs fifty three,626.6 crore,” the ministry claimed in a assertion.
Beneficial growth 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 (one hundred and five per cent) through the April-September of this fiscal from in excess of the calendar year-ago, it claimed.
Furthermore, balance of trade through April-September 2020 was drastically beneficial at Rs 9,002 crore as towards trade deficit of Rs 2,133 crore in the claimed time period, it additional.
To increase agri exports, the Governing administration announced Agriculture Export Plan, 2018 which inter-alia delivers for cluster-centered solution for export-centric farming of income crops like fruits, vegetables, spices, and many others. whereby clusters for precise agri products are identified throughout the country and concentrated interventions are carried out in these clusters.
Eight Export Promotion Forums (EPFs) have been established up less than the aegis of agri-export promotion overall body APEDA to increase export of agriculture/ horticulture products. The EPFs are developed on banana, grapes, mango, pomegranate, onion, dairy, rice basmati and rice non-basmati.
The EPF are producing concerted initiatives to establish, document particulars of, and attain out to stakeholders throughout the full manufacturing/ provide chain of export for raising these exports drastically to the world wide current market, through numerous interventions, it claimed.
That apart, the Governing administration has also announced Agri-Infra Fund of Rs 1 lakh crore to boost agri organization surroundings which will market agri exports in owing course, the ministry claimed.
Apart from, the Agriculture Ministry has also well prepared a detailed motion approach in direction of promotion of agri trade i.e to increase agri export with emphasis on price addition and a specific motion approach for import substitution, the assertion additional.