India’s first agri export policy to double farmers’ income to $ 60 bn by 2022 approved

  • The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agriculture Export Policy, 2018. 
  • It is the country’s first Agriculture Export Policy with an aim to double farmers’ income and agricultural export to $60+ billion by 2022 from present $ 30 bn.
  • The main objective of the policy is 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.