The Indian economy must realise the immense export potential to become a strong exporter on the world stage. Examine (200 Words)
Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
KEY POINTS
· For increasing exports, India needs to focus on multiple areas. These include aligning with global standards/global quality, stability and dependability of our policies towards exports, appropriate linkage to technology, among others.
· The DST has entered into a memorandum of understanding (MoU) with the QCI for effective implementation of the GLP certification programme. Here it must also be mentioned that the Organisation for Economic Co-operation and Development (OECD) has laid down principles of GLP and its certified test facilities.
· However, GLP compliance certification in India is voluntary in nature. This implies that it’s not compulsory for an exporter to seek this certificate before exporting. This, in a way, explains the poor competitiveness of Indian exports as the law of the land allows exporters to export even if they are not GLP-certified.
· Appropriate linkages to technology: This is specifically in the context of agricultural and food processing industry, and even Ayurveda and wellness-linked food items, where India has a comparative advantage. This area has not been adequately explored by India to allow high-value exports and thus higher earnings for our farmers.
· Access to market using digital technologies has brought a great many changes in the way food markets operate. Also, food markets are witnessing interesting changes within India and globally where tastes are shifting from high-sugar and salt and processed foods to wellness safe foods.
· The ministries of commerce & industry, food processing and agriculture can join hands to explore the possibility of increasing farmers’ income through high-value exports. Since the process will need to be digitally-encrypted end-to-end, it will ultimately eliminate leakages through middle men and generate higher earnings for farmers through exports.
aswin 4 years
Please review
IAS Parliament 4 years
Try to provide sub-headings and write the answer with proper alignment for better presentation. Keep Writing.
Venkateshwaran R 4 years
Kindly provide feedback.Mam/ Sir I didnt receive feedback for yesterday's mains answer . kindly do the needful
IAS Parliament 4 years
Good attempt. Keep writing.
Venkateshwaran R 4 years
Saravanan 4 years
Please review
IAS Parliament 4 years
Try to include data to support your arguments especially for economy answer. Keep writing.
