Agriculture exports (together with marine and plantation merchandise) have surpassed USD 50 billion for the fiscal 12 months 2021-22, the best degree ever achieved for agricultural exports. According to preliminary figures launched by DGCI&S, agricultural exports will improve by 19.92 p.c to $50.21 billion in 2021-22.
The progress charge is exceptional as a result of it exceeds the 17.66 p.c progress charge, at $41.87 billion, achieved in 2020-21, and it has been achieved regardless of unprecedented logistical challenges corresponding to excessive freight charges, container shortages, and so forth. This accomplishment during the last two years will go a great distance towards realizing Prime Minister Modi’s imaginative and prescient of accelerating farmer revenue.
Rice (USD 9.65 billion), wheat (USD 2.19 billion), sugar (USD (4.6 billion), and different cereals have achieved file exports (USD 1.08 billion). Wheat has grown at an unprecedented charge of greater than 273%, almost tripling from $568 million in 2020-21 to shut to $2119 million in 2021-22.
Farmers in states corresponding to Punjab, Haryana, Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Madhya Pradesh, Telangana, Andhra Pradesh, Maharashtra, and others have benefited from a rise in exports of those merchandise. India now controls almost half of the worldwide rice market.
Exports of marine merchandise are additionally at an all-time excessive, totaling USD 7.71 billion, benefiting farmers within the coastal states of West Bengal, Andhra Pradesh, Odisha, Tamil Nadu, Kerala, Maharashtra, and Gujarat. For the second 12 months in a row, spice exports have surpassed USD 4 billion.
Despite huge provide points, espresso exports have surpassed USD 1 billion for the primary time, enhancing returns for espresso growers in Karnataka, Kerala, and Tamil Nadu.
This accomplishment is the results of the Department of Commerce’s ongoing efforts, in addition to these of its numerous export promotion businesses, corresponding to APEDA, MPEDA, and commodity boards. The Department has made particular efforts to contain state governments and district administrations within the promotion of agricultural exports.
To be sure that farmers profit from exports, the Department of Commerce has made particular efforts to supply direct export market entry to farmers and FPOs. A Farmer Connect Portal has been created to permit farmers, FPOs/FPCs, and cooperatives to work together with exporters.
This method has resulted in agricultural exports from beforehand unexplored areas. Varanasi (contemporary greens, mangoes), Ananthpur (banana), Nagpur (orange), Lucknow (mango), Theni (banana), Solapur (pomegranate), Krishna & Chittoor (mango), and different clusters have been exported. Initiatives such because the ‘Happy Banana’ prepare, an unique prepare with reefer containers that transport bananas from Anantapur to JNPT in Mumbai, have been applied to extend exports from uncommon areas.
Even within the midst of the present disaster brought on by the Russia–Ukraine conflict, the world is trying to India for wheat and different meals grains. The Department of Commerce is constant its efforts to advertise agriculture exports with a view to preserve the momentum gained during the last two years and to see agriculture exports attain new highs within the coming years.