New Delhi: India has achieved the highest-ever exports of agricultural products (including marine and plantation products) for the year 2021-22 as they surpassed the $50 billion-mark, the most for agriculture exports.
Despite the Covid-19 pandemic, agricultural exports grew by 19.92 per cent during 2021-22 to touch $50.21 billion. The growth is noteworthy as in 2020-21, India witnessed a 17.66 per cent growth at $41.87 billion.
Highest-ever exports in staples
Rice - $9.65 billion
Wheat - $2.19 billion
Sugar - $4.6 billion
Other cereals - $1.08 billion
India, which is among the top wheat producing countries, recorded an unprecedented growth of more than 273 per cent in wheat exports. It jumped nearly four-fold from $568 million in 2020-21 to touch close to $2119 million in 2021-22.
Recently, Union Minister for Commerce and Industry Piyush Goyal said that India is aiming to export a record 10 million tonne of wheat in 2022-23.
India’s marine exports
In a cheer for farmers in the coastal states of West Bengal, Andhra Pradesh, Odisha, Tamil Nadu, Kerala, Maharashtra and Gujarat, India also saw the export of marine products at $7.71 billion, which is also the highest-ever.
Coffee exports also crossed $1 billion for the first time, benefitting the coffee growers in Karnataka, Kerala and Tamil Nadu.
Read More at https://www.timesnownews.com/business-economy/economy/indias-agriculture-exports-touch-record-high-of-50-billion-273-growth-in-wheat-exports-article-90684518
Comments