India procures high development from horticulture, unified items in FY22

 

Indian agriculture and Allied exports have grown at a sustained rate of 21% in the first eight months of the current fiscal year, despite disrupted supply chains and various challenges caused by the COVID-19 pandemic. Exports have been boosted by increased access to markets in the United States, European Union and United Arab Emirates and by targeted government efforts to expand the global reach of processed foods from India.

Commerce Department data shows that exports of both processed and unprocessed agricultural products reached $29.51 billion between April and November 2021. The government expects the sector's total exports to reach $43 billion. 'By March 2022. Growth in exports of agricultural products has been driven by a sharp increase in exports of non-basmati rice, other grains, dairy products and sugar, all of which have increased by at least 40 percent over the course of from April-November 202122.

Data showed that while the global commodity super cycle contributed to the rise in prices of non-food products such as tea, cotton and rubber, food prices remained stable. The vast majority of food exports showed an increase in the volume of outgoing shipments, alongside higher foreign exchange earnings. This was especially true for the top three commodities in the agricultural export basket this year, namely non-basmati rice (46% growth), buffalo meat (6.5%) and sugar (39.8 percent). India's large agricultural sector remains predominantly informal and data is fragmented.

A plethora of agencies under the ministries of agriculture, commerce and industry, and micro, small and medium enterprises engaged in the administration and promotion of the sector and in the compilation of data on companies agricultural. According to the Authority for the development of exports of processed food and agricultural products (APED), the following crops other than plantations, the export basket was $13.1 billion during the first seven months of current fiscal budget.

The figure was $20.6 billion for the full fiscal year 202021, compared to $16.4 billion in 201920.“Plantation crops such as rubber and tea have established trading chains and are heavily invested. But to increase global demand for products such as spices, dairy products, vegetables and fruits, coordinated efforts are needed. To open up foreign markets for Indian products. It is also crucial to promote them widely and to bring domestic and foreign industries closer together.

All this has been done in the last three years and the results are coming, "said a top head of APED. The exports of spices such as ginger, pepper, cinnamon, cardamom, even turmeric and saffron, which have recognized therapeutic virtues, have grown considerably. During this time, the Marine Product Export Development Authority (MP EDA) said shrimp and shrimp exports have already reached 88% of total export value last year. Products were also shipped overseas for the first time in FY22. These include fresh vegetables and mangoes from Varanasi, black rice from Handful, oranges from Nagpur, bananas from Then. , shoot Molokai from Nagaland, red rice from Assam and millet from Himachal Pradesh, among others.

The government has also dramatically pushed exports of processed products such as honey, cocoa, fruit jams and wine for which India has not shared global experience so far. India has now become the ninth-largest exporter of honey in the world, shipping 7.36 lakh tonnes in the previous year, with the US being the biggest buyer at 80%. “We are working closely with state governments, farmers and other value chain stakeholders to increase exports to other countries and regions such as UK, EU and Asia from the South East. India is also renegotiating the tariff structure imposed by various countries to increase honey exports, ” added the APED official.

The Commerce Department has also focused its efforts on parts of the country that have so far fallen behind, such as the landlocked Purvanchal region in Uttar Pradesh, now home to the Varanasi AgriExport Hub. Challenges remain, However, agricultural exports continued to face logistical hurdles, in particular the global container shortage. As the number of available containers plummeted, average shipping prices skyrocketed, leading many overseas buyers to cancel their orders. "The lack of refrigerated containers has increased the transport of goods and reached unsustainable levels, where transport costs have become higher than the value of production," said Ajay Sahai, general manager and general manager of the Federation of Indian Organizations. export. This has particularly affected Indian seafood exports, which rely heavily on shipments of fish and shrimp to European and West Asian markets. Despite the government's goal of increasing agricultural exports

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