SME Times is powered by   
Search News
Just in:   • Very disappointing, does not bring any happiness into the lives of ordinary people, says Opposition on Union Budget 2026  • Union Budget 2026-27 highlights: Customs simplified, duties slashed; tax reforms ease trade and living  • PFC, REC to be restructured as part of financial sector reforms in Budget 2026-27  • Budget 2026-27 rolls out tax incentives for cooperatives  • Union Budget: Defence soars to Rs 7.85 lakh crore, big bets on electronics, biopharma and railways 
Last updated: 26 Jul, 2021  

Wheat.9.Thmb.jpg Farm exports: On firm ground

wheat-export.jpg
   Top Stories
» Union Budget: Defence soars to Rs 7.85 lakh crore, big bets on electronics, biopharma and railways
» Budget 2026-27 hikes Govt capex to Rs 12.2 lakh crore in big push to infra
» India to ensure Aatmanirbharta, Budget driven by Yuvashakti: FM Sitharaman
» Cabinet approves Union Budget 2026-27
» Budget 2026 to focus on defence, capex, infrastructure, fiscal discipline
Bikky Khosla | 26 Jul, 2021

India's agriculture exports during 2020-21 have increased by over 17% as compared to exports during 2019-20, according to latest data tabled in the Parliament. This data is encouraging. For the previous 3 years, exports by the sector remained stagnant --$38.43 billion in 2017-18, $38.74 billion in 2018-19 and $35.16 billion 2019-20, but in 2020-21, the amount increased to $41.25 billion.

A deeper look shows that exports of agriculture products (excluding marine and plantation products) grew 28.36% to $29.81 billion in 2020-21. This indicates that we have successfully taken advantage of the increased demand for staples during the COVID-19 period. Healthy growth has been seen in exports of non-basmati rice, wheat, millets, maize, oil meals, sugar, raw cotton, fresh vegetables and vegetable oils, organic products, spices, etc.

It is notable that during 2020-21, exports have taken place from several clusters for the first time, such as of fresh vegetables and mangoes from Varanasi, black Rice from Chandauli, oranges from Nagpur, mango from Lucknow, etc. Fresh horticulture produces were exported via multimodal mode to Dubai, London, etc. Handholding by the Department also enabled North East farmers to send their value-added products beyond the Indian borders. This trend is encouraging.

Additionally, while exports to most of our traditional markets like USA, China, UAE, Vietnam, Saudi Arabia, and Indonesia have registered healthy growth, we also have explored some new markets during the year. Most notably, rice has been exported to countries like Timor-Leste, Puerto Rico, Brazil, etc. for the first time. Similarly, wheat has been exported to Yemen, Indonesia, Bhutan, etc. Such market diversification augurs well for the sector.

I invite your opinions.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.2
₹89.5
UK Pound
₹123.35
₹119.35
Euro
₹107
₹103.35
Japanese Yen ₹57.9 ₹56.1
As on 22 Jan, 2026
  Daily Poll
What is your primary "Make or Break" expectation from the Finance Minister this year?
 The Tax Relief
 The Working Capital Fix
 The Compliance Holiday
 The Payment Shield
 The Tech Subsidy
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter