Exports of agriculture, processed food products up 14.7 pc to USD 11.65 billion in April-October

By: |
November 19, 2021 2:53 PM

The export of rice has increased to USD 5.28 billion during the first seven months of this fiscal year as against USD 4.77 billion in April-October 2020, it added.

adani portsOutbound shipments of meat, dairy and poultry products increased from USD 1.97 billion in April-October 2020 to USD 2.28 billion in April-October 2021. (Representational image)

Exports of agricultural and processed food products rose by 14.7 per cent to USD 11.65 billion during the April-October period on the back of healthy growth in commodities including rice, and fresh fruits and vegetables, the commerce ministry said on Friday.

The export of rice has increased to USD 5.28 billion during the first seven months of this fiscal year as against USD 4.77 billion in April-October 2020, it added.

Similarly, exports of fresh fruits and vegetables rose to USD 1.53 billion during the April-October period of 2021-22 as compared to USD 1.37 billion in April-October 2020-21, it said.

Outbound shipments of meat, dairy and poultry products increased from USD 1.97 billion in April-October 2020 to USD 2.28 billion in April-October 2021. Cashew exports expanded by 29.2 per cent during the period under review to USD 265.27 million. ”We continue to focus on creating infrastructure for exports from eastern, north-eastern regions and hilly states, where infrastructure was earlier not adequate,” M Angamuthu, Chairman, APEDA (Agricultural and Processed Food Products Export Development Authority) said.

Steps which have helped in pushing up exports growth include promoting geographical indications (GI) tag goods, virtual Buyer Seller Meets, recognising 220 labs across India to provide services of testing. Further, financial assistance schemes of infrastructure development, market development, International Trade Fairs, and registration of meat processing plants and abattoirs for ensuring compliance with the global food safety and quality requirements also helped boost exports.

Do you know What is India expected to grow 10 pc during current fiscal: NCAER Director General Poonam Gupt,FinMin releases Rs 9,871 cr grant to 17 state, Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Forex reserves down by USD 2.713 mn to USD 637.687 bn
2Rs 374.78 cr payment pending for reprocessing under PM-KISAN since 2019: Centre
3No acute shortage of fertilisers; availability of DAP for rabi season more than demand: Govt