He said that farmers have all the right to access global markets and get better prices and "for that we will put in place a good policy framework very soon".
Prabhu, who took charge as Commerce and Industry Minister yesterday, said that his ministry will work on developing global supply chain for the agriculture sector.
Addressing the 10th Agriculture Leadership Summit 2017 here, the minister said at the multi-lateral platforms also, there is a need to work on removing trade restrictions with an aim to boost the country's agri shipments.
The Narendra Modi-led government aims to double farmers' income by 2022. Crop diversification, focus on allied sectors and food processing and tapping global markets are among the steps the government is taking to meet the target.
In 2016-17, export of agri products, such as cereals, processed fruit and vegetables, processed foods, and animal products, was around USD 16.27 billion, according to the data by Apeda.
Prabhu said the ministry will work on developing global supply chains for the sector.
The commerce ministry, Prabhu said, will make sure that "we will achieve this goal to ensure that India's agri sector will also be able to feed hundreds of others".
As a commerce minister, he said "my job is to ensure that we will develop this global supply chain and ensure farmer get better prices".
Domestically, the ministry will work with its agri counterparts to develop agriculture parks in India.
"If here are clusters for industry, why should we not think about clusters for different kinds of agriculture," he said.
Talking about the World Trade Organisation (WTO), he said the ministerial conference is in Argentina in December.
"Our agenda is going to be very aggressive. This is a development round ... We will like to make sure that Indian farmers get their due by getting better price from global markets. This is very important and this is going to be part of the strategy to increase farmers income in India," the minister said.
Talking about challenges in the agri sector, he said land and water is limited but the population is growing and "we have a challenge to keep feeding".
Disclaimer: No Business Standard Journalist was involved in creation of this content
