Cabinet Approves Agriculture Export Policy

The Union cabinet approved an export policy for agriculture, lifting all restrictions on organic and processed food, to help the government’s efforts to double farmers’ income by 2022.

The ‘Agriculture Export Policy, 2018’ seeks to double farm exports to $60 billion by 2022 from $30 billion currently and will invest 1,400 crore to set up specialised clusters in different states for different produce to push exports. Policy for sensitive farm goods such as onions will be reviewed from time to time.

Source: The Economic Times

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