Cabinet clears policy to double agri exports |ForumIAS

News:

The Union Cabinet has cleared Agriculture Export Policy, 2018 which is in line with Prime Minister’s commitment to double farmers’ income by 2022.

Important Facts:

Aim of the policy: The policy seeks to harness the export potential of Indian agriculture, through suitable policy instruments, to make India global power in agriculture and raise farmers’ income
Objectives:

To increase India’s agricultural exports to $60 billion by 2022 from the current $37 billion and reach $100 billion after few years, with a stable trade policy regime
To diversify the export basket, destinations and boost high value and value added agricultural exports including focus on perishables.
To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports.
Focus on export centric clusters for integrated Commodity Focus Value Chain and Infrastructure Development.
To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.
To strive to double India’s share in world agri exports by integrating with global value chain at the earliest.
Enable farmers to get benefit of export opportunities in overseas market.

Elements of Agriculture Export Policy: The recommendations in the Agriculture Export Policy have been organised in two categories – Strategic and Operational

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