News | |||||||||||||||||||||||
|
|||||||||||||||||||||||
Status Note on allowing the export of processed and/or value added agricultural products even in the event of restriction/ban on export of basic farm produce |
|||||||||||||||||||||||
17-1-2013 | |||||||||||||||||||||||
Press Information Bureau Government of India Cabinet Committee on Economic Affairs (CCEA) 17-January-2013 13:51 IST The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Commerce for allowing the export of processed and/or value added agricultural products even in the event of restriction/ban on export of basic farm produce. The various products to be allowed are as under:
The export basket of India's major agricultural produce mainly comprise of raw/ primary, unprocessed or semi processed agriculture commodities/ products which are susceptible to restrictions/ bans owing to various reasons such as bad weather conditions, deficient/ delayed rainfall, food security issues etc. Generally such restrictions/ bans are made applicable across the products, whether processed or raw material. The exports of processed and/or value added products constitute a very miniscule portion of the overall exports and hence their continuation would not affect the availability in the domestic market owing to very marginal processing capacity in the country. Always open policy of this sector will not only help reduce wastage of perishable products but also encourage value addition. **** SC/SK |
|||||||||||||||||||||||