Agricultural products' exports rise 7% in value terms in FY 2019

13 MAY,2019 | MEDC


 

This was driven primarily by double-digit increases in dairy products and pulses, even though there was muted growth in exports of wheat and non-Basmati rice. It is heartening to know that the mentality of food scarcity is increasingly incompatible with modern India. However, as the productivity of Indian agriculture grows, the only way to prevent a decline in local prices is to integrate with the global economy by boosting exports. India’s economy (unlike that of China) is not structured around exports, and that may cost us in the long run. Our agricultural policy perspective needs to shift to more international orientation if we are to maximize the innate potential of our agrarian sector.

*Photo Credit: Google

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