APEDA - Agri-exports to Reach $60 billion by 2022

Agricultural and Processed Food Products Export Development Authority (APEDA) a statutory body under Ministry of Commerce, detailed that with the assistance of new agriculture export policy which has helped in connecting the gap between Ministry of Commerce and Ministry of Agriculture the agri-exports from the country are likely to touch export target of US $ 60 billion by the year 2022.

Tarun Bajaj, GM, APEDA said, “With an integrated approach and better cooperation among the two union ministries for boosting agriculture production and trade increase export of organic food products as well as to double Agri-exports to $60 billion by 2022 from current $38 billion.”
He added, “After the announcement of Agri Export Policy (AEP) by the government, all the concerned ministries which includes Ministry of Commerce, Ministry of Agriculture, Ministry of Animal Husbandry, Ministry of Food Processing Industries and other agencies are in force in close coordination, they are also concentrating on exports." 
In addition, involving states since they also have an important role in boosting exports of agriculture products from the region,” He added.
He also stated that “India exported organic products worth Rs 5151 Crore (over US $ 757 million) in 2018-19, from Rs 3453 Crore in 2017-18 (US$ 515 million ) registering an increase of about 49 %." 
The major demands under the organic product category are flax seeds, pulses such as arhar (red gram), sesame and soybean; chana (pigeon pea); and rice, along with tea and medicinal plants. 
APEDA has been endorsing the export of various agricultural commodities and provides a platform to showcase India’s quality goods to the global market.

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