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New Delhi : The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Agriculture Export Policy, 2018.  The Cabinet has also approved the proposal for establishment of Monitoring Framework at Centre with Commerce as the nodal Department with representation from various line Ministries/Departments and agencies and representatives of State Governments concerned to oversee the implementation of Agriculture Export Policy.

The Government has come out with a policy to double farmers’ income by 2022. Exports of agricultural products would play a pivotal role in achieving this goal. In order to provide an impetus to agricultural exports, the Government has come out with a comprehensive “Agriculture Export Policy” aimed at doubling the agricultural exports and integrating Indian farmers and agricultural products with the global value chains.

The Agriculture Export Policy aims at harnessing export potential of Indian agriculture through suitable policy instruments to make India global power in agriculture and raise farmers’ income.

The objectives of the Agriculture Export Policy are: To double agricultural exports from present ~US$ 30+ Billion to US$ 60+ Billion by 2022 and reach US$ 100 Billion in the next few years thereafter with a stable trade policy regime, To diversify  export basket, destinations and boost high value and value added agricultural exports including focus on perishables, To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports,To strive to double India’s share in world agri exports by integrating with global value chain at the earliest, Enable farmers to get benefit of export opportunities in overseas market,.according to a PIB release.

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