Govt plans to raise food exports to $23.56 billion in FY23

2022-08-16 17:01:14 Exim News

The Ministry of Commerce & Industry’s export promotion body for agricultural products APEDA has set an export target of $23.56 billion for the Financial Year 2022-23 (FY23).

APEDA will organise over 300 events in the current year to achieve the export target.

The ministry body plans to advertise a list of potential markets on social media platforms.

The APEDA portal for exporters will highlight country-wise and product-wise specific requirements for Indian exporters to potentially fulfil.

The stakeholders in agri supply chain such as farmers, students, officials, etc would be oriented for agriculture export procedures, guidelines, fiscal and financial incentives in agri supply chain from government, sanitary and phyto-sanitary issues in supply chain viz., residues, maximum residue limits, traceability, etc.

As India has a good potential for export of Geographical Indication (GI) tagged products due to its therapeutic and health values, orientation programmes have been planned to create awareness among stakeholders for GI products in the North Eastern Region (NER).

In India, there are more than 140 GI-registered agriculture products and out of those, 123 agro products are APEDA’s scheduled products

As per the outreach strategy, it has been proposed to form an association of GI registry owners for better coordination and to bridge the link between GI stakeholders and the government.

The move is aimed at establishing the integrity and authenticity of GI products as there is an organization for registration of GI products, but there is no agency to verify its authenticity.

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