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Govt plans to double farm exports by ’22 to gain trade lead over China.
Jun 29, 2020

In line with the 'Atmanirbhar Bharat', or self-reliant India, stance spelt out by Prime Minister Narendra Modi in recent weeks, India aims to double farm exports from US$ 30 billion now to US$ 60 billion by 2022, scout new markets hit by Covid-19, and put China at a disadvantage in bilateral farm trade, according to details of consultations to 'recalibrate' the country’s agriculture trade policy set in 2018.
 
An interministerial assessment last week showed there’s room to export more to the US, Canada, Chile, Ecuador, South Korea, Malaysia, Iran, and to China and its rival Taiwan, an official familiar with the developments said
 
'Having invoked three Ordinances this month to liberalise the farm sector, it’s time to scout for new markets and boost exports. India is an agricultural powerhouse. Good export can help achieve doubling of farm incomes, a target set by the PM,' the official said.
    

Hindustan Times

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