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The government will take steps to boost exports of agriculture commodities which have the potential of reaching 6371.50₹ billion, Finance Minister Arun Jaitley said today. The country’s agricultural exports are around 1911.45₹ billion at present.
“India’s agri exports potential is as high as 6371.50₹ billion against a current export of 1911.45₹ billion. To realise this potential, export of agri commodities will be liberalised,” Jaitley said while presenting the Union Budget 2018-19 in the Lok Sabha.
He also proposed to set up state-of-the-art facility in 42 mega food parks. The announcement assumes significance as the commerce ministry is working on a comprehensive policy covering issues such as logistics to promote export of agri commodities like tea, coffee, fruits and vegetables.
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