Cabinet clears agri export policy to take shipments to USD 60 bn by 2022

Source: IBEF.org, Dec 07, 2018

New Delhi: Seeking to double agricultural export to USD 60 billion by 2022, the Union Cabinet Thursday approved a maiden export policy for the farm sector that imposes no restrictions on export of all organic and processed products.

However, export policy for primary agricultural products, like onion, would reviewed periodically on a case-to-case basis depending on price-supply situation, said Commerce Minister Suresh Prabhu after the Cabinet meet.

“The policy aims at doubling agricultural shipments to over USD 60 billion by 2022,” he said, adding that achieving the target was “doable”.

He said the farm exports have grown by 20 per cent in a year.

Agricultural exports are currently estimated at USD 30 billion.  Read the rest of this entry »

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New agri export policy to focus on setting up agro specific zones, says Suresh Prabhu

Source: Financial Express, Oct 25, 2018

The government will soon come out with a new agri export policy which would have provisions for setting up agro specific zones to boost outbound shipments, Commerce Minister Suresh Prabhu said Thursday. The minister said India produces nearly 600 metric tonne (MT) of agri products including horticultural produce and its strategy is to increase farmers’ income and reduce wastage of food products.

He added that India is bestowed with the potential to produce all varieties of organic commodities due to the country’s varied agro-climatic regions. “It is a great advantage for organic producers to tap the market which is growing steadily in both domestic and export markets,” the commerce ministry said in a statement quoting Prabhu. Read the rest of this entry »

Farm exports rise 5% in April-August

Source: The Hindu Business Line, Sept 30, 2018

Bengaluru: Farm product exports continued to grow during the first five months of this fiscal on strong overseas demand for products such as basmati rice and buffalo meat, among others.

They were also aided by a weakening rupee. Read the rest of this entry »

Uttar Pradesh set to provide Rs 5, 535 crore package for cane farmers’ payments

Source: Financial Express, Sept 11, 2018

New Delhi: With an aim to clear cane arrears of farmers for the current (2017-18) season, the Yogi Adityanath government is likely to grant a Rs 5,535-crore package. This multi-thousand crore package will be provided to mills to clear outstanding payments to farmers. Out of this 5,535-crore, Rs 1,010 crore will be disbursed to 24 cooperative factories.

Apart from this, Rs 25 crore will be given to the sole state corporation-owned mill, according to Indian Express report. Out of the remaining Rs 4,500 crore , Rs 500 crore will be given as grant to private sugar mills and Rs 4000 crore will be provided in form bad loans, the report says.

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Bayer-led global alliance ties up with Big Basket to boost farmers’ income in India

download.jpgSource: The Economic Times, Jul 23, 2018

A global alliance led by Bayer and IFC today announced partnership with e-commerce firm Big Basket to help small farmers in India raise their income by providing them knowledge to use inputs efficiently and timely as well as access to markets to sell produce.

In April this year, Germany-based agro-chemical major Bayer, International Finance Corporation, Netafim and Swiss Re Corporate Solutions launched the ‘Better Life Farming’ alliance to provide innovative solutions for smallholder farmers in developing economies.

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India earns Rs 18,000 cr per year from export of basmati rice

Source: IBEF.org, Jul 17, 2018

New Delhi: India has earned more than Rs 18,000 crore foreign exchange per year from export of basmati rice, especially from the variety 1121 developed by the country’s top agri-institute ICAR, Agriculture Minister Radha Mohan Singh said today.

The Indian Council of Agricultural Research (ICAR) has developed many new varieties and technologies which have helped transform the food importing nation to an food exporting country, he said.

The institute is playing an important role in fulfilling the government’s vision of doubling farmers’ income by 2022, he added. Read the rest of this entry »

NITI Aayog wants states to adopt zero-budget natural farming

download (3)Source: Business Standard, Jul 10, 2018

New Delhi: NITI Aayog vice-chairman Rajiv Kumar on Monday made a case for promoting zero-budget natural farming (ZBNF) in states, saying it would help double farmers’ income by 2022.

Aayog member Ramesh Chand, who is an expert in agriculture, said that such methods could be scaled up nationally only after they have been scientifically proven to be correct and there is proper manual for these. Under ZBNF, neither fertiliser nor pesticide is used and only 10 per cent of water is to be utilised for irrigation as compared to traditional farming techniques.

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