You are here: Home » News-IANS » Politics
Business Standard

Government to set up specific agriculture export zones

Business Finance

IANS  |  New Delhi 

Union Commerce Minister Suresh Prabhu on Thursday said specific agriculture export zones, which are well-connected to ports and airports, will be set up in the country to boost exports of farm products.

Speaking at an event organised by Agricultural and Processed Food Products Export Development Authority (APEDA), he said the government had drafted a new national agriculture export policy to support the export of organic products.

"The policy has been jointly prepared by the Ministries of Commerce, Agriculture, and Food Processing. The commerce ministry will also set up a series of centres in states to help organic farmers to brand and sell products to international market, where demand for such products is high," said a press release quoting him as saying.

India produces about 600 million tonnes of agriculture and horticulture products annually.

Prabhu said the policy spoke about doubling farmers' income and increase the share of agricultural exports from present about $30 billion to over $60 billion by 2022.

"The policy will also help in checking food and vegetable wastage which is about 30 per cent at present by increasing exports and increasing food processing," he said.

"The agriculture export policy has pitched for greater involvement of states, improvement in infrastructure and logistics, and promotion of R&D activities for new product development for the upcoming markets."

Prabhu said the government was in touch with various countries including UAE, Oman where import is done in large quantity besides China for pharmaceuticals products.



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

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, October 25 2018. 21:12 IST