Question: By which year Indian Government is resolved to double farmers’ income according to Agricultural Export Policy 2018?
(a) 2020
(b) 2021
(c) 2022
(d) 2024
Answer: (c)
Related facts:
- On 6th December, 2018, Union Cabinet headed by the Prime Minister approved Agricultural Export policy 2018 which aimed to double farmers’ income by 2022.
- The Agriculture Export Policy aims to Harness export potential of Indian agriculture, through suitable policy instruments, to make India global power in agriculture and raise farmers’ income.
- The export policy seeks to double agricultural exports from present ~US$ 30+ Billion to ~US$ 60+ Billion by 2022 and reach US$ 100 Billion in the next few years thereafter, with a stable trade policy regime.
- Agriculture Export Policy has been organized in two categories:
- The Strategic class includes parameters like: (i) Infrastructure support with logistics, (ii) Integrated approach to boost exports, (iii) Larger participation of State Governments in agriculture exports, (iv) Key Focus on Clusters, (v) To promote exports for value-added exports and (vi) Marketing and promotion of Brand India.
- The operational part of the structure includes: (i) Attract private investments production and processing, (ii) Establishment of strong quality regime, (iii) R & D and (iv) Miscellaneous.
Links:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=186182
https://economictimes.indiatimes.com/news/economy/policy/union-cabinet-approves-agriculture-export-policy/articleshow/66974576.cms