India achieves commendable target for the export of grains and meat

Headlines

The exports of food grains and marine products crossed USD 50 billion in India. According to the exports figures released by DGCI&S, the exports of agricultural products in the country have touched $50.21 billion growing by 19.92% during the year 2021-22. The remarkable growth rate has been achieved despite the logistical challenges thrown by the pandemic. These challenges included high freight rates and container shortages among others.

The country has achieved highest ever exports for the food grains like wheat (USD 2.19 billion), sugar (USD (4.6 billion), rice (USD 9.65 billion) and other cereals (USD 1.08 billion). The export of wheat has witnessed 273% growth which is almost four-fold jump from $568 million registered in 2020-21. The farmers from the states like Uttar Pradesh, Bihar, Punjab, Haryana, Madhya Pradesh, Chhattisgarh, West Bengal, Maharashtra and Telangana among others. Remarkably India has already captured over 50% of the world’s market for rice.

Even the export of marine products has also touched USD 7.71 billion, the highest ever mark and it has benefitted farmers of the coastal areas in Odisha, Andhra Pradesh, West Bengal, Kerala, Tamil Nadu, Gujarat. Together with the Department of Commerce, the export promotion agencies like MPEDA and APEDA has made efforts to engage the state governments and district administrations in agriculture exports promotion. Besides, a farmer Connect Portal has been setup. The portal acts as a platform to connect FPOs/FPCs, cooperatives and the farmers.

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