The Government has formulated a complete Agriculture Export Policy to consolidate the efforts for export of agricultural products.

The goals of the Agriculture Export coverage is to diversify the export basket, destinations and raise high price and fee delivered agricultural exports which include awareness on perishables, policy also pursuits to promote novel, indigenous, natural, ethnic, conventional and non-conventional Agri merchandise exports and to attempt to double India’s percentage in world agri exports via integrating with international fee chain on the earliest.

The Union Cabinet on Thursday cleared a brand new agriculture export policy, which aims to double agri exports from the usa by using 2022 with the aid of boosting infrastructure and getting rid of export restrictions currently exist on a selection of commodities.

The Cabinet has also approved the idea for status quo of monitoring framework at Centre with Ministry of Commerce as the nodal branch with representation from numerous line Ministries/Departments and Agencies and representatives of worried State Governments, to supervise the implementation of agriculture export coverage.

The Department of Commerce also has several schemes to promote exports, which include exports of agricultural merchandise: Trade Infrastructure for Export Scheme (TIES), Market Access Initiatives (MAI) Scheme and Merchandise Exports from India Scheme (MEIS).

In addition, help to the exporters of agricultural merchandise is also to be had below the Export Promotion Schemes of Agricultural & Processed Food Products Export Development Authority (APEDA), Marine Products Export Development Authority (MPEDA), Tobacco Board, Tea Board, Coffee Board, Rubber Board and Spices Board.

These corporations also searching for to promote exports via participation in international festivals & exhibitions, taking initiatives to advantage marketplace get entry to for one of a kind merchandise in distinct markets, dissemination of market intelligence and taking steps to ensure high-quality of exported products.

“Agriculture accommodates 10% of India’s ordinary products exports. In 2017 on my own, India exported agriculture merchandise well worth US$31 billion, 2% of worldwide agricultural exchange. The new Agriculture Export Policy, 2018 will assist deliver a much-wished overhaul of all elements of India’s agriculture exports, such as infrastructure, standardization, law, and R&D,” said Pushkar Mukewar, Co-Founder and Co-CEO of Drip Capital, a US-based totally alternate finance company.

“The decision to develop 50 district-smart export-centric ‘Clusters’ will, in particular, help offer key post-harvest infrastructure and logistical guide for export of agri produce, especially natural merchandise, indigenous to each cluster,” Mukewar introduced.

“Drip Capital’s personal enjoy interacting with exporters in such clusters in Tier-II and Tier-III cities — thru seminars and offering financing answers — leads us to agree with that that is a tremendous technique to undertake, and we stay up for operating with all key stakeholders in these clusters as they grow and expand,” Mukewar referred to.

According to the Ministry, general outlay for the implementation of the policy would Rs. 1,four hundred crore, which exists already under one-of-a-kind schemes. Besides, the Centre might paintings carefully with the State governments to help them make proper use of the policy.

The policy seeks to diversify the united states of america export basket and locations, by using boosting high price and price- introduced agricultural exports, together with attention on perishables.