TNPSC Thervupettagam

First ever Agriculture Export Policy 2018

December 16 , 2018 2088 days 698 0
  • The Union Cabinet has approved the first ever Agriculture Export Policy, 2018 with the aim to double farmer’s income by 2022.
  • It has also approved the proposal for the establishment of Monitoring Framework at Centre with the Ministry of Commerce as the nodal Department to oversee the implementation of Agriculture Export Policy.
  • The Commerce Ministry has formulated the India's 1st ever Agricultural Export Policy with a focused plan to boost India's agricultural exports to USD 60 billion by 2022.
  • As per the policy, a corpus of USD 1 billion has been created to boost 12 champion sectors in services.
  • The recommendations in the Agriculture Export Policy have been organised in two categories
    • Strategic and
    • Operational.

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