India targets $ 43 billion in agricultural exports, government says

Union Minister of State for Trade and Industry Anupriya Patel said the country has set a target of $ 400 billion in merchandise exports for 2021-2022, of which $ 262 billion is dollars have already been reached during the April-November 2021-22 period, the statement said on Sunday.

“A record export target of $ 43 billion has been set for agricultural products in 2021-2022 and thanks to the efforts of APEDA and farmers, this target would be achieved in the current fiscal year,” he said. Patel said at the Agri-Export cum Buyer- Seller Meet ‘conference in Mirzapur, Uttar Pradesh on Saturday.

The increase in exports of processed agricultural and food products from Purvanchal (eastern UP) will not only increase India’s foreign exchange earnings, but will help to double farmers’ incomes and boost employment opportunities in the region. region, said the minister at the event organized by the Authority for the Development of Exports of Agricultural and Processed Food Products (APEDA), according to the government statement.

Over 700 farmers and exporters attended the conference, where APEDA President Dr M Angamuthu spoke about initiatives taken to boost exports from the Purvanchal region. The event was organized to commemorate the 75th anniversary of independence, celebrated under the theme “Azadi Ka Amrit Mahotsav”.

During the conference, a memorandum of understanding was signed between the main associations of exporters and agricultural producer organizations (OPAs) of the Purvanchal region to increase exports of agricultural products.

Patel and Angamuthu reported export shipments of non-basmati rice to China and green peppers to the United Arab Emirates, the statement added.

–IANS

niv / vd

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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