Agriculture Export Policy Current Affairs - 2019
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The First Ever India International Cooperatives Trade Fair (IICTF) will commence from 11 October 2019 at Pragati Maidan in New Delhi. The three day fair is scheduled from 11-13 October 2019. It is unique initiative that provides single platform to farmers, artisans & other members of cooperatives directly to global trade arena.
Key Highlights of IICTF
It is conceived as a major platform to promote exports of Indian cooperative produce and is packed with exhibitions, B2B/C2C meetings, conferences, cultural programmes etc.
Objective: (i)To double farmers’ income by promoting cooperative to cooperative trade within India and abroad (ii) To promote exports of key agriculture commodities and products leading to enhanced rural and farm prosperity.
Why Cooperative sector? This initiative is part of Agriculture Export Policy (AEP) 2018 which aims at doubling agriculture export and integrating Indian farmers and agriculture products with global value chains. As per AEP 2018, the Cooperative sector has big role to play in doubling agriculture exports from present $30 billion to $60 billion by 2022.
Organizations Involved: IICTF has been steered by National Cooperative Development Corporation (NCDC) with support of one international organization-NEDAC (Network for the Development of Agricultural Cooperatives), 3 Ministries, 4 State Governments and several apex level Indian cooperative organizations.
Tags: Agriculture • Agriculture Export Policy • Business • Economy • IICTF 2019
Union Cabinet chaired by Prime Minister Narendra Modi has approved Agriculture Export Policy, 2018 with aim to double farmer’s income by 2022. Cabinet has also approved proposal for establishment of Monitoring Framework at Centre with Ministry of Commerce as nodal Department to oversee implementation of Agriculture Export Policy. It will also have representation from various ministries and departments and agencies and representatives of concerned State Governments
Agriculture Export Policy
It is aimed at doubling agricultural exports and integrating Indian farmers and agricultural products with the global value chains. Its vision is to harness export potential of Indian agriculture, through suitable policy instruments and to make India global power in agriculture and raise farmers’ income.
- Double agricultural exports from present US$ 30+ Billion to US$ 60+ Billion by 2022 and reach US$ 100 Billion in next few years thereafter with stable trade policy regime.
- Diversify India’s export basket, destinations and also boost high value and value added agricultural exports including perishables.
- Provide institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.
- Strive to double India’s share in world agri-exports by integrating with global value chain at earliest.
- Promote indigenous, organic, ethnic, traditional and non-traditional agri products exports.
- Enable farmers to benefit from export opportunities in overseas market.
Elements of Agriculture Export Policy:
- Policy measures
- Holistic approach to boost exports
- Infrastructure and logistics support
- Focus on Clusters
- Promoting value-added exports
- Marketing and promotion of Brand India
- Greater involvement of State Governments in agri exports
- Attract private investments into production and processing
- Research & Development
- Establishment of strong quality regimen