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Centre creates matrix for 50 agricultural products with good export potential to help boost agri exports

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Centre creates matrix for 50 agricultural products with good export potential to help boost agri exports

  • India’s agri exports crossed USD 50 billion for the year 2021-22, notwithstanding logistical challenges posed by COVID-19 pandemic in the form of high freight rates, container shortages, etc.

Agricultural and Processed Food Products Export Development Authority (APEDA)

  • It is an apex body authorized under the Ministry of Commerce and Industry.
  • It is established to promote the export of agricultural commodities and processed food products.
  • APEDA also assists in upgradation and strengthening of recognized laboratories for export testing and residue monitoring plans.
  • APEDA also provides assistance under the financial assistance schemes of infrastructure development, quality improvement and market development for boosting export of agricultural products.
  • APEDA has adopted multiple world class technology and software in IT division such as:
    • Blockchain technology implemented in hortinet traceability,
    • Farmer Connect Portal,
    • Geographical Indications (GI) Promotion Portal,
    • Mobile App,
    • iTrack System,
    • TraceNet,
    • Organic Promotional Portal,
    • Agriexchange App,
    • Cloud Migration etc.

Growth Statistics

  • It scripted a new history by exporting agricultural and processed food products to the tune of USD 25.6 billion, which is 51 per cent of India's total agriculture exports of USD 50 billion.
  • APEDA has also surpassed its own export target of USD 23.7 billion for the financial year 2021-22 by registering shipment of USD 25.6 billion.
  • The growth rate is remarkable as it is over and above the growth of 17.66 per cent at USD 41.87 billion achieved in 2020-21.
  • APEDA's major exporting destination as per 2021-22 data are Bangladesh, UAE, Vietnam, USA, Nepal, Malaysia, Saudi Arabia, Indonesia, Iran and Egypt.

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Various Initiatives taken by Center

  • The government organized more than 300 outreach programmes in collaboration with state governments for enhancing the exports of agricultural produce.
  • Several initiatives to promote geographical indications (GI) registered with agricultural and processed food products in India by organizing virtual Buyer Seller Meets.
  • To ensure seamless quality certification of products to be exported, the government recognized 220 labs across India to provide services of testing a wide range of products to exporters.
  • The participation of exporters in the International Trade Fairs was organized, which provides a platform to the exporters to market their food products in the global marketplace.
  • National events like AAHAR, Organic World Congress, BioFach India etc. were organized to promote agri-exports.

Conclusion

The demand of natural products is growing and consumers demand greater quantities of foods, cosmetics and medicines that contain natural ingredients, the Center is in process to formulate a strategy for promotion of export of natural farming products in consultation with the Ministry of Agriculture to develop the standards for production along with a certification system.

Exam Track

Prelims Takeaway

  • Agricultural and Processed Food Products Export Development Authority (APEDA)
  • Geographical Indications (GI) Promotion Portal
  • AAHAR initiative

Mains Takeaway

Q. “India could be the beacon to the modern world with its agriculture potential and could emerge as a food supplier to everyone”. Discuss.

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