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Wheat exports surge nearly four times, rice top forex earner Other cereals up 66 per cent; Cereal Preparations & Misc. Processed Items up 14 per cent.
Mar 23, 2022
Growth in Agriculture and allied exports
The Government of India's consistent and concerted endeavours to usher into reforms for boosting agricultural exports have been highly fruitful. Despite the unprecedented global pandemic, India has been able to step in to meet the increased global demand, emerging as a significant global supplier of food and other essential agricultural products.
Notwithstanding logistical challenges posed by COVID-19 pandemic, India's exports of Agricultural and Processed Food products rose by more than 23 per cent in terms of USD in the first ten months of the current fiscal (April 2020-January 2021) compared to the same period of the previous year.
Looking at five-yearly growth, it is observed that the export of agriculture and allied products have increased from a total of Rs. 896708.84 crore during 2009-14 to Rs. 1193463 crores during 2014-19. The exports have already reached Rs. 855293 crore mark during 2019-22 period (Includes April- January 2021-22 figure) with the exports for the period April 2021 - January 2022 exceeding Rs. 3 Lakh Crore.
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