"India ranks second globally in agricultural production at USD 367 bn. We need to leverage our strength as a large importer of non-agricultural merchandise to push agricultural exports from the present USD 32 bn to over USD 120 billion in order to help double farmer's income," said Crop Care Federation of India (CCFI) president Rajju Shroff.
"We have urged the government to increase focus on trebling India's share in agri exports to double farmers income by 2022. Today India ranks second in agricultural production in the world but eighth in agricultural exports. We lag behind Thailand and Indonesia and this must change," Shroff, who is also MD of United Phosphorus, told reporters.
Domestic agricultural commodities face stiff non-tariff barriers in many developed countries that either refuse or restrict our agri exports, he added.
He wrote off farm loans and increasing Minimum Support Prices (MSP) as not sustainable.
"We urgently need to create a single authority to monitor agricultural exports and imports keeping a hawk eye on both. Currently, we have multiple authorities with poor co-ordination and dismal results," he added.
A spurt in Indian agri-exports can boost rural employment, income and purchasing power. It will spruce up allied activities in storage, transportation and processing.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
