1. Home >
  2. Export Import News >
  3. Export News >
  4. Nutritious, niche food exports to get big push >
  5. Nutritious, niche food exports to get big push

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Nutritious, niche food exports to get big push.

Date: 18-05-2020
Subject: Nutritious, niche food exports to get big push
New Delhi: The government is planning to give a big push to agriculture exports to capitalise on the rising global demand for healthy and nutritious food products.

“During this pandemic, people world-over have realised the importance of immunity booster food products like herbal, medicinal, organic and nutri-cereals like jowar, bajra and ragi. India is one of the largest producers of such products. We will promote branding, marketing and export of such niche products which will be in great demand,” said a senior agriculture ministry official.

The agriculture export policy launched in 2018 also focuses on cluster-based export promotion of novel, indigenous, organic, ethnic, traditional and non-traditional agri products including value-added perishables.

“There is limited scope of export in food grains. We can export rice which we are doing. But our wheat is not competitive in global markets and we produce pulses just enough to meet our requirements. We have to focus on niche products with high value,” the official said.

India is a net exporter of agricultural products. In FY19 such exports amounted to ₹2.7 lakh crore and imports stood at ₹1.37 lakh crore.

Finance minister Nirmala Sitharaman, last week, spoke of production of herbal, medicinal, nutritious and organic food items through the cluster-based approach for tapping the unexplored export market.

“The government has announced a stimulus of ₹10,000 crore to promote medicinal, organic and ethnic food products through clusterbased approach. For example, food products rich in nutritious ragi can be developed in Karnataka, bamboo shoots in Assam and chillies in Andhra Pradesh,” said another official.

He said that the ₹4,000-crore package for promoting planting of herbal plants will help farmers earn ₹5,000 crore by selling it in domestic as well as global markets.

According to the agri export promotion body Apeda chairman PK Borthakur, demand for India’s organic agricultural products is about ₹8,500 crore, out of which 60% is international.

“India exported organic products worth ₹5,151 crore in 2018-19, from ₹3,453 crore in 2017-18,” Apeda had said in a statement.

The proposed amendment in the antiquated Essential Commodities Act 1955 will also help the government in framing a steady export policy for cereals, pulses and onions which have been brought out of the gambit of this law along with edible oil which we import in large quantities.

Source:- economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 02-07-2020
Notification No. 55/2020 - Customs (N.T.)
Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020.

Date: 01-07-2020
Notification No. 58/2020 – Central Tax
Seeks to make eighth amendment (2020) to CGST Rules

Date: 30-06-2020
Notification No. 54/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.

Date: 30-06-2020
Circular No.31/2020-Customs
Extension of validity of AEO certification for ease of renewal process (Modification in Circular No. 27/2020 dated 02.06.2020) [Circular No. 31/2020 - Customs dated 30.06.2020].

Date: 30-06-2020
Notification No. 57/2020 – Central Tax
Seeks to amend notification no. 52/2020-Central Tax in order to provide conditional waiver of lat fees for the period from July, 2017 to July, 2020.

Date: 27-06-2020
Notification No. 55/2020 – Central Tax
Seeks to amend notification no. 35/2020-Central Tax in order to extend due date of compliance which falls during the period from "20.03.2020 to 30.08.2020" till 31.08.2020.

Date: 27-06-2020
Notification No. 56/2020 – Central Tax
Seeks to amend notification no. 46/2020-Central Tax in order to further extend period to pass order under Section 54(7) of CGST Act till 31.08.2020 or in some cases upto fifteen days thereafter.

Date: 24-06-2020
Notification No. 04/2020 – Integrated Tax
Seeks to bring into force Section 134 of Finance Act, 2020 in order to bring amendment to Section 25 of IGST Act w.e.f. 30.06.2020.

Date: 24-06-2020
Notification No. 05/2020 – Integrated Tax
Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.

Date: 24-06-2020
Notification No. 02/2020 – Union Territory Tax
Seeks to provide relief by lowering of interest rate for a prescribed time for tax periods from February, 2020 to July, 2020.

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001