India’s essential agri commodity export grows 43.4% during April-Sept, 2020

India’s essential agri commodity export grows 43.4% during April-Sept, 2020

The export of essential agriculture commodities for the cumulative period of April-September, 2020 has increased by 43.4 percent worth Rs 53,626.6 crore as compared to Rs 37,397.3 crore in the same period last year. Major commodity groups which have recorded positive export growth during April-Sept, 2020-21 vis-à-vis April-Sept, 2019-20 are groundnut (35%), refined sugar (104%), wheat (206%), basmati rice (13%) and non-basmati rice (105%), Ministry of Agriculture & Farmers Welfare has said in a statement today.

As per the Agriculture Ministry data, the balance of trade during April-September 2020 has been significantly positive at Rs 9,002 crore as against trade deficit of Rs. 2,133 during the same period in 2019. On month to month basis (MoM), India’s agricultural export of essential agricultural commodities during September, 2020 has been of Rs 9,296 crore against export of Rs 5,114 crore during September, 2019, showing an increase of 81.7 percent.

According to the ministry, the Government of India announced Agriculture Export Policy, 2018 which inter-alia provides for cluster-based approach for export-centric farming of cash crops like fruits, vegetables, spices, among others whereby clusters for specific agri products are identified across the country and focused interventions are carried out in these clusters.

Eight export promotion forums (EPFs) have been set up under the aegis of Agricultural and Processed Food Products Export Development Authority (APEDA) to boost export of agriculture and horticulture products. The EPFs are created on banana, grapes, mango, pomegranate, onion, dairy, basmati rice and non-basmati rice. The EPFs are making concerted efforts to identify, document particulars of, and reach out to stakeholders across the entire production/ supply chain of export for increasing these exports significantly to the global market, through various interventions.

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