11/08/2022 - Agriculture

KEY POINTS

·        Farmers’ income has risen around 1.7 times since FY18 with a decisive upward shift in mean income, especially where the farmers have engaged in cash crops.

·        For the first time in 2021, agri-exports crossed $50 billion, which is a commendable given the pandemic challenges.

·        Cluster development: As part of the Agriculture Export Policy, 46 unique product-district clusters have been identified for export promotion. Banana cluster (Ananthpur); Pomegranate cluster (Maharashtra.

·        Country-specific strategy: An interaction was carried out with 60 Indian Missions and stakeholders to identify the products, their potential and way forward for preparing country-wise agri-export strategies.

·        Virtual buyer-seller meets: 24 of such meets were organised with various countries. E-catalogues were released, with details of participant exporters, importers and trade associations.

·        Virtual trade fair (VTF): APEDA took an initiative to develop its own VTF application. The virtual platform provides an opportunity for agri importers of several countries and our exporters to interact.

·        There is a lot of scope for R&D in agriculture, especially in the development of high-yielding seeds, creation of an efficient plant disease forecast system, and effective post-harvest management.

·        The efficacy and adequacy of these initiatives may be reviewed to see whether any additional support is required. 

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