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India’s agricultural exports rose remarkably despite COVID-19, may cross $50 bn in 21-22


India's agriculture exports after reaching $43.23 billion in 2013-14, slumped to $33.68 billion in 2016-17. Despite the pandemic, a conspicuous turnaround occurred in these exports growing to $41.32 billion in 2020-21. This momentum is expected to continue in the current year as well and India’s agriculture exports can, for the first time, cross $50 billion in 2021-22. This year, the country is also expected to witness the highest ever exports of meat, marine products and rice, with around 50 percent share of rice exports in the world market.


While we have witnessed huge export growth in manufacturing and hi-tech sectors recently, the Government of India's consistent and concerted endeavours to usher in reforms for boosting agricultural exports have also been highly fruitful. The year 2020 started with the unprecedented global pandemic, which led to substantial increase in the global demand for food items. India has been able to step in through Indian missions abroad and interacted through virtual buyer-seller meets, removed many bottlenecks, coordinated with port/customs/State/district authorities, etc, to meet the increased global demand. All these efforts led to India emerging as a global supplier of food and other essential agricultural products.


Read More at https://www.firstpost.com/india/indias-agricultural-exports-rose-remarkably-despite-covid-19-may-cross-50-bn-in-21-22-10425541.html/amp

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