Government of India Aims to Boost Agricultural Exports

Strategic Insights -

The Government of India is actively working towards increasing exports of agricultural and allied commodities and expanding its share in the global trade. In 2024-25, the total exports of these products reached a significant milestone of US$ 51.9 Billion. To achieve this growth, the Agriculture and Processed Food Products Exports Development Authority (APEDA), under the Department of Commerce, is implementing various initiatives, including the development of modern infrastructure, adoption of innovative machinery, and encouragement of value-added product development. These measures aim to attract investment in high-value added products and expand India's reach in global markets.

Key Takeaways:

  • The Government of India aims to boost agricultural exports and increase its share in the global trade.
  • The Agriculture and Processed Food Products Exports Development Authority (APEDA) is implementing various initiatives to achieve this goal.
  • The initiatives include the development of modern infrastructure, adoption of innovative and automated machinery, encouragement of new value-added product development, quality development, market development, and training programs.
  • APEDA provides financial assistance to its member exporters for export promotion of scheduled products through its Financial Assistance Scheme (FAS).
  • The Financial Assistance Scheme (FAS) has the following components: Development of Export Infrastructure, Quality Development, and Market Development.
  • The financial assistance guidelines are available on APEDA's website (www.apeda.gov.in) under the "Scheme" tab.
  • Minister of State for Agriculture and Farmers Welfare, Shriá Ramnath Thakur, provided this information in a written reply in Lok Sabha.

Statistics:

  • Total exports of agricultural and allied commodities in 2024-25: US$ 51.9 Billion
  • Initiatives implemented by APEDA to boost agricultural exports: development of modern infrastructure, adoption of innovative and automated machinery, encouragement of new value-added product development, quality development, market development, and training programs.
  • Components of the Financial Assistance Scheme (FAS): Development of Export Infrastructure, Quality Development, and Market Development.

Sources:

  • "The Government is working towards increasing the exports of agricultural and allied commodities and increasing its share in the global trade." (Government of India, PIB Delhi, no date)
  • "The overall exports of these products in 2024-25 were US$ 51.9 Billion." (Government of India, PIB Delhi, no date)
  • The details of financial assistance guidelines are available on APEDA's website (www.apeda.gov.in) under the "Scheme" tab. (Government of India, no date)
  • "The Department of Commerce through APEDA provides financial assistance to its member exporters from across the country, for export promotion of scheduled products through its Financial Assistance Scheme (FAS)." (Government of India, no date)
  • "This information was given by Minister of State for Agriculture and Farmers Welfare, Shriá Ramnath Thakur in a written reply in Lok Sabha today." (Government of India, no date)