India should work to lift agricultural exports to achieve the stated objective of doubling farmers’ income by 2022, according to a recent study conducted by the Centre for Environment and Agriculture and the Tata Strategic Management Group.
Globally, India ranks second in agricultural production at $367 billion but is only pegged eighth in exports at $36 billion, said Rajju Shroff, Managing Director, UPIL (United Phosphorus India Ltd).
Global agri-exports is worth over $1,500b annually, according to the latest WTO data.
A concerted effort by the government can push exports to $100b by 2022, as India is the leading producer of many commodities, he said. Globally, India is the largest producer of milk and second-largest in fruits, vegetables and fish. In value terms, horticulture and livestock sectors now account for over 50 per cent of agri-production. India’s present agriculture is structurally different from the one that existed earlier.
Source: thehindubusinessline.com
