Source: The Economic Times, Aug 12, 2019
The farm exports dipped 10.61% in value terms to Rs 28,910 crore in the first quarter of the current financial year. The country had exported agricultural commodities worth Rs 32,341 crore in the same period last year.
According to data from APEDA, the nodal agency for promotion of agri exports, the shipments of basmati rice from Indian shores have shown a slight dip from 1.17 million tonnes in the first quarter of 2018-19 to 1.15 million tonnes during the same period in this fiscal.
“The major drop in exports, however, is in non-basmati rice and pulses which have gone down by around 50%. As against 2.1 million tonnes exports of non-basmati rice in 2018-19, Indian exported 1.2 million tonnes this year. Similarly, the exports of pulses have dipped drastically from 1.01 lakh tonnes in 2018-19 to 45,344 tonnes this year,” said an agriculture department official. Read the rest of this entry »