Union cabinet approves agricultural export policy
Kisaan Helpline
Agriculture
Dec 12, 2018
The Union cabinet Thursday approved an export policy for agriculture, raising all restrictions on organic as well as processed food, to aid the government's initiatives to double farmers' revenue by 2022.
The 'Agriculture Export Policy, 2018' seeks to double farm exports to $60 billion by 2022 from $30 billion in 2014 and will spend. '1,400 crores to set up specialized clusters in various states for various items to push exports.
Policy for sensitive farm goods such as onions will certainly be examined once in a while.
"The policy will promote organic, ethnic and also indigenous products," commerce and industry minister Suresh Prabhu claimed while instruction the media regarding the cabinet decisions. The policy seeks to diversify exports by-products and destination and will certainly concentrate on high value-added farm produce as well as perishables. At present, rice, wheat, and marine products account for regarding 52% of the overall farm exports.
Dedicated clusters could be set up for mangoes, pomegranate, bananas, grapes, tea, coffee, turmeric, as well as marine products, to name a few. Prabhu claimed the government will set up 'Brand India' to promote exports and also develop an as strong quality regime for exports, as well as states will be extensively included.
The policy that has strategic and operational elements will certainly likewise seek to attract private investment into production and also processing.
it will "harness the export potential of Indian agriculture via suitable policy instruments to make India global power in agriculture and also elevate farmers' income", the government said in a statement.
Thinking about the sanitary as well as phytosanitary problems that farm exports normally run into lots of countries, the policy will provide an institutional system to pursue market access and tackle barriers.
Prabhu claimed the policy has actually been designed with extensive consultations with states that have actually agreed to eliminate a lot of restrictions, including mandi taxes, and APMC (Agricultural Produce Market Committee)-related conditions.
SHAHPURKANDI DAM The Cabinet also accepted Shahpurkandi Dam project in Punjab on river Ravi. The Centre would provide. '485.38 crores for irrigation component over 5 years from 2018-19 to 2022-23.
