New Delhi: The central government is preparing a strategy to boost the export of 20 high-capacity agricultural products, including Basmati rice, intoxicating beverages, honey, mangoes, and bananas. This plan will be ready in the next three months. The Department of Commerce and the Agricultural and Processed Food Products Export Development Authority (APEDA) have already begun discussions with all stakeholders, including states.
To increase India's share in global agricultural exports from 2.5% to 4-5%.
Which countries are potential markets: The United States, Malaysia, Canada, Russia, Germany, France, South Korea, China, Indonesia, Japan, Italy, Belgium, and the UK.
What the way forward: The plan will be formulated over the next three months. Strengthening the plan is imperative as India has witnessed a decline in its overall agricultural exports over the past year.