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Govt formulates Agricultural Export Policy to boost India's agricultural exports to USD 60 billion by 2022: Suresh Prabhu

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for Commerce & Industry and Civil Aviation, called upon States/ UTs to explore all possible ways of tapping into the global value and by promoting the export of services, organic agricultural produce, in corporate value addition to and fully utilize all the schemes and programmes of the This will not only add to the GDP of the country but will also create greater employment. The said that all States/ UTs must formulate an export strategy which is state specific and product specific and improve logistics and infrastructure in their region.

informed those attending the meeting that the has formulated an Agricultural Export Policy for the first time with a focused plan to boost India's agricultural exports to USD 60 billion by 2022.

This will integrate Indian farmers and India's high quality with global value chains and also double India's share in world agriculture exports.

The Commerce informed the Council that the in collaboration with the conducts an annual reform exercise for all States/ UTs under the (BRAP) to improve delivery of various regulatory functions and services in an efficient, effective and transparent manner. This exercise will now be undertaken at the district level in close collaboration withStates/ UTs.

informed the Council regarding efforts being made by the in preparing a development plan for each and every district so that growth is led from the district upwards which will be a game changer in taking India's GDP to USD 5 trillion in 2025.

He urged the States/ UTs to make use of the 5000 crore allotted for 12 champion services sector which will lead to the creation of jobs in the services sector like & enabled Services (IT &ITeS), Tourism and Hospitality Services, Medical Value Travel, and Logistics Services, Accounting and Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction and Related Engineering Services, Environmental Services, Financial Services and Education Services.

The said that every State/ UTs of has the potential for getting Geographical Indication tag for many products of that area. Also, States/UTs must use the benefits given by the for specific sectors like leather where Rs. 2600 crore was sanctioned by the Cabinet for the development of leather and footwear industry.

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

First Published: Fri, January 11 2019. 09:40 IST