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NATIONAL AGRICULTURAL EXPORT POLICY PENDING IN CABINET
1 News
- A draft National Agricultural Export Policy has been released by the Commerce Ministry.
2. Objective of the policy
- Double farmer income by 2022
- The goal is to increasing the share of agricultural exports from present about USD 30 billion to over USD 60 billion.
- To make the country in top 10 places in exporting agricultural products in the world
3. Draft proposal
Barring essential agricultural commodities, no other commodity will be placed under export restriction
- To remove minimum export price (MEP), export duty and export ban on agricultural products, exception will be given to essential commodities.
- Common portal should be established for all rejected agricultural commodities by foreign countries.
- Export promotion councils, commodity boards and industry association, will act as a forum to rationalize APMC act and MANDI fees.
- Development of export centric clusters.
- Promoting value added products through incentives.
- Marketing and promotion of geographical indication (GI) commodities for exports.
- Strengthening post-harvest infrastructure for logistical movement of agricultural commodity.
- Promoting R&D activities for new product development for the upcoming markets.
- Dealing with sanitary and phytosanitary issues are also the priorities.
- Policy made a case for promoting contract farming as it would help in attracting investments.
