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Domestic Organic Food Market To Touch Rs 10000 Crore In Next Three Years

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Union Agriculture & Farmers Welfare has said that has the potential to provide livelihood to farmers and create employment opportunities for rural and urban people. The said that the government launched a new initiative the Paramparagat Krishi Vikas Yojana (PKVY) in 2015-16. From 2015-16 to 2018-19, Rs 1307 crore has been allocated to promote on cluster mode in the country. With the successful implementation of PKVY, Mission Organic Value Chain Development (MOVCD) and APEDA, more than 23.02 lakh hectares have been brought under certified till date in the country.

He added that the demand for Indian organic produce is high in the global market. During 2016-17, produced 15 lakh tonne organic produce, where in, the export volume was 3.64 lakh tonne with value of Rs 2478 crore whereas the domestic market size is estimated at Rs 2000 crore which is expected to touch Rs 10000 crore in the next three years.

The called for adoption of organic farming and reducing dependence on and pesticide. He asserted it is imperative that we protect our environment, soil health and fertility, mitigate climate change & global warming and achieve sustainable & nutritional security. He expressed happiness over NCOF developing multi-action waste decomposer and its simple for farmers.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 08 2018. 14:10 IST