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Food and Agribusiness

States told to ensure no hurdles to agri exports

The Government of India (GoI) has asked states to ensure that farmers don’t face any problems in shipping exportable items during the lockdown. India is a big exporter of agricultural products with an agri export revenue of $38 billion in 2018-19. The government has identified 21 agricultural products, including honey, potatoes, grapes, soybeans and groundnuts, which India can export, taking advantage of trade restrictions against Chinese goods. The government has allowed traders and bulk purchasers to buy agricultural products directly from farmgate through farmer producer organisations (FPO) and government owned warehouses, bypassing mandis (agri market yards), to ease procurement and transportation of agricultural goods. There is a big demand for agricultural produce from India as the world have gone into panic buying. The government directive states:

Farmers should not lose on any export opportunity of surplus food items. Every step should be taken to ensure hassle-free export of agri commodities.

Read more at The Economic Times