Thursday, June 24, 2021

India witnesses increase of almost 18.5 per cent in export of Agricultural and allied commodities

India has witnessed an increase of almost 18.5 per cent in export of Agricultural and allied commodities during April 2020 to February 2021 as compared to the same period, the previous year.

The country witnessed tremendous growth of 727 per cent in Wheat export and 132 per cent in Non-Basmati Rice export. Some other commodities which posted significant positive growth in exports include other cereals, soya meal, spices, sugar, raw cotton, fresh vegetable, processed vegetables and alcoholic beverages.

India took care not to disturb the world food supply chain and continued to export even during the pandemic. The export of Agricultural and allied commodities during April 2020 to February 2021 was over Rs 2 lakh 70 thousand crore.

The imports of Agricultural and allied commodities during this period witnessed a slight increase of 2.93 per cent. During this period, despite COVID-19, the balance of trade in agriculture has favorably increased.

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