ECONOMY

Farm and allied sector exports soar by almost 12% in April-October 2022

Export of agricultural and allied commodities rose by 11.97 per cent to $30.21 billion during the April-October period of current financial year, the Agriculture Ministry said on Monday. 

The exports had stood at $26.98 billion in the same period of 2021-22, it said in a statement.  

Wheat, basmati rice, raw cotton, castor oil, coffee and fresh fruits were major commodities exported from India.    

The overall export of agricultural and allied commodities had risen by 20 per cent to $50.24 billion in 2021-22 when compared with $41.86 billion in the previous year, it added.    

The ministry said that there was improvement in the farm produce logistics with introduction of Kisan Rail service in July 2020. Till December this year, Kisan Rail services were operated on 167 routes in the country.     

Around 1,260 wholesale mandis in 22 States and three Union Territories had been integrated with the electronic-National Agriculture Market (e-NAM) with 1.72 crore farmers and 2.13 lakh traders registered on the platform till the current month, it added.   

Besides, 4,015 farmer producer organisations (FPOs) had been registered under a new scheme, it said. 

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