To boost Agri Exports stable Trade policy needed : Draft policy

Posted by Daily Shipping Times on 21-03-2018        Tweet

NEW DELHI: Stable Trade policy regime, reforms in the APMC Act, streamlining of Mandi fee and liberalisation of land leasing norms are some of the key recommendations of the draft agriculture export policy, which seeks to double the shipments to over USD 60 billion by 2022.

The Draft policy has also pitched for greater involvement of states, improvement in infrastructure and logistics and promotion of R&D activities for new product development for the upcoming markets.

It said the 'National Agriculture Export Policy' is formulated in line with the vision to double the farmers' income and increase the share of agricultural exports from present about USD 30 billion to over USD 60 billion by 2022.

It also aims to boost high value and value added agricultural exports, focusing on perishables; to provide an institutional mechanism for tackling market access barriers and deal with sanitary and phytosanitary issues; and to become one of the top 10 exporting Countries of agricultural products and strive to double India's share in world agri exports.

It is imperative to frame a stable and predictable policy with limited state interference to send a positive signal to the international market, it said. "changes in export regime on ground of domestic price fluctuations, religious and social belief can have long-term repercussions. This is particularly important for commodities such as onions, rice, wheat, oilseeds, pulses and sugar," it added.

The agri export policy, it said, is aimed at providing a policy assurance that the processed agricultural products and all kinds of organic products will not be brought under the ambit of any kind of export restriction such as imposing minimum export price, export duty and ban.

The draft policy also said that monopoly of the Agricultural Produce Market Committee (APMC) prevents private players from setting up markets and investing in market infrastructure.