Mains Paper 3: Economy | Effects of liberalization on the economy
From UPSC perspective, the following things are important:
Prelims level: Particulars of Agriculture Export Policy, 2018
Mains level: Measures towards doubling farmer’s income
- The Union Cabinet has approved the Agriculture Export Policy, 2018 along with establishment of Monitoring Framework at Centre with Commerce as the nodal Department to oversee the implementation of Agriculture Export Policy.
Agriculture Export Policy, 2018
- In order to provide an impetus to agricultural exports, the Government has come out with this policy which is aimed at doubling the agricultural exports and integrating Indian farmers and agricultural products with the global value chains.
- The Policy has the vision to harness export potential of Indian agriculture, through suitable policy instruments, to make India global power in agriculture and raise farmers ‘income.
- 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.
- To diversify our export basket, destinations and boost high value and value added agricultural exports including focus on perishables.
- To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports.
- To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.
- To strive to double India’s share in world agri exports by integrating with global value chain at the earliest.
- Enable farmers to get benefit of export opportunities in overseas market.
Elements of Agriculture Export Policy
The recommendations in the Agriculture Export Policy have been organised in two categories – Strategic and Operational – as detailed below:
- Policy measures
- Infrastructure and logistics support
- Holistic approach to boost exports
- Greater involvement of State Governments in agri exports
- Focus on Clusters
- Promoting value-added export
- Marketing and promotion of “Brand India
- Attract private investments into production and processing
- Establishment of strong quality regimen
- Research & Development
- The policy has been designed with extensive consultations with states that have agreed to remove a lot of restrictions, including mandi taxes, and APMC (Agricultural Produce Market Committee)-related conditions.
- Policy for sensitive farm goods such as onions will be reviewed from time to time.