Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 12 2021 2021 (12) This

SHARE OF AGRI-EXPORTS IN GDP

3-12-2021
  • Contents

The year-wise details of value of India’s agri-exports of principal agri commodity group along with its share in our Gross Domestic Product (GDP) at current prices during last five years is as follows:

Years

Value of India's Agri – Exports (in Rs. Crore)

% Growth in agri-exports

GDP at current prices (in Rs. Crore)

% Share of Agri-Exports to GDP

2016-17

225,901

--

15,391,669

1.5

2017-18

250,648

11.0

17,090,042

1.5

2018-19

273,745

9.2

18,886,957

1.4

2019-20

252,297

-7.8

20,351,013

1.2

2020-21

309,939

22.8

19,745,670

1.6

Source: DGCI&S, Kolkata and CSO, MoSPI

The agricultural products having exports of more than ₹ 10,000 crore over the last five years is given in the table below. Last year we had 22.8% of growth in agri-exports with a share of 1.6% to GDP (highest in terms of growth and share in the last five years).

(Value in Rs. Crore)

S. No.

Commodities

2016-17

2017-18

2018-19

2019-20

2020-21

1

Marine Products

39593.8

47646.4

47664.9

47618.1

44175.8

2

Rice(Other Than Basmoti)

16929.9

23437.2

21171.2

14400.3

35557.0

3

Rice -Basmoti

21512.9

26870.7

32804.3

31026.3

29847.7

4

Spices

19111.3

20084.9

23217.8

25642.0

29529.4

5

Buffalo Meat

26161.4

26035.2

25091.4

22661.1

23459.9

6

Sugar

8659.5

5225.6

9523.1

13981.6

20668.6

7

Cotton Raw Incld. Waste

10907.3

12200.0

14627.5

7539.5

13968.4

8

Oil Meals

5410.1

7043.1

10557.5

5861.4

11688.6

Source: DGCI&S, Kolkata

Government has taken several measures to boost exports, including agri-exports, such as:

i. A comprehensive “Agriculture Export Policy” has been introduced to harness export potential of Indian agriculture and raise farmers’ income. Twenty One States viz. Maharashtra, U.P., Kerala, Nagaland, Tamil Nadu, Assam, Punjab, Karnataka, Gujarat, Rajasthan, Andhra Pradesh, Telangana, Manipur, Sikkim, Uttarakhand, M.P., Mizoram, Meghalaya, Tripura, Arunachal Pradesh and Himachal Pradesh and the 2 UTs viz Ladakh and Andaman & Nicobar Islands have finalized the State specific Action Plans. State Level Monitoring Committees (SLMC) has been formed in 26 States and 4 UTs. 28 States & 4 UTs have nominated Nodal agencies for implementation of this AEPs. As part of the Agriculture Export Policy, 46 unique product-district clusters have been identified for export promotion. Twenty-Nine Cluster Level Committees have been formed in cluster districts of different clusters. Country and product-specific action plans have also been formulated to promote exports.

ii. Products Specific Export Promotion Forums give impetus to the export of potential products as well as to remove the bottlenecks in the supply chain, Agricultural and Processed Food Products Export Development Authority (APEDA) has formed Export Promotion Forums (EPFs) under the Chairmanship of Chairman, APEDA and having representatives of Department of Commerce, Department of Agriculture, State Governments, National Referral Laboratories and top 10 leading exporters of each product for the products, viz., Grapes, Onions, Mango, Banana, Pomegranate, Floriculture, Rice, Dairy Products and Nutri cereals.

iii. 13 Agri-Cells in Vietnam, USA, Bangladesh, Nepal, UAE, Iran, Saudi Arabia, Malaysia, Indonesia, Singapore, China, Japan and Argentina were created in Indian embassies abroad to provide inputs on real time basis to enable us to improve Indian exports.

iv. Further, In order to boost honey exports, India has made NMR (Nuclear Magnetic Resonance) testing mandatory for honey exported to USA.

v. A Farmer Connect Portal has been set up for providing a platform for farmers, Farmer-Producer Organizations (FPOs) and cooperatives to interact with exporters. Buyer-Seller Meets (BSMs) have been organized in the clusters to provide export-market linkages. Regular interactions, through video-conferences, have been held with the Indian Missions abroad to assess and exploit export opportunities. Country specific BSMs, through Indian Missions, have also been organized.

vi. Assistance provided through several other schemes to promote exports, including food export, viz. Trade Infrastructure for Export Scheme (TIES), Market Access Initiatives (MAI) Scheme, etc. In addition, assistance to the exporters of food products is also available under the export promotion schemes of APEDA, Tea Board, Coffee Board and Spices Board.

vii. Government has also introduced a Central Sector Scheme –‘Transport and Marketing Assistance for Specified Agriculture Products’ – for providing assistance for the international component of freight to mitigate the freight disadvantage for the export of agriculture products.

viii. Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase FTA utilization by exporters.

ix. Active role of Indian missions abroad towards promoting our trade, tourism, technology and investment goals has been enhanced.

x. Package announced in light of the COVID-19 pandemic to support domestic industry through various banking and financial sector relief measures, especially for MSMEs, which constitute a major share in exports.

This information was given by the Minister of State for Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.

***

MS/PK/689

Quick Updates:Latest Updates