Govt to focus on value-added products, new markets to improve agricultural exports
Himanshu Vatsa | The Dollar Business The government is working on a strategy to improve India’s agricultural exports which have seen sharp fall in the past one year. Agricultural exports contribute more than 10% of the country’s total export. But the government data says that the annual exports of six key agricultural items saw negative growth during the last financial year. Among the six major items, the export of oil meals reduced to $1.32 billion, more than 52% lower than that of previous year. The annual export value of cereals fell by 27% while the shipment of tea, fruits and vegetables declined by around 16% and 9% respectively. Besides, export of tobacco and spices also decreased last year. Now, the government ...
