استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Fortify agri export framework

May 17, 2025

|

Financial Express Delhi

ITH THE INDIA-UK free trade agreement (FTA) signed and talks with the European Union (EU) and others in full swing, the current geopolitical climate presents a rare opportunity to boost global trade ties.

- SMITA SIROHI

While much attention has been given to the strategic and economic importance of these agreements, a critical question is how can Indian agriculture and allied sectors truly benefit from them.

India's Green Revolution is globally acknowledged, transforming a food-deficit nation in the 1960s into one with over 50 million tonnes of buffer foodgrain stocks. India is among the top producers of rice, wheat, pulses, fruits, vegetables, spices, cotton, groundnuts, milk, and eggs. But our share in global agri-exports remains modest (around 2.2%). While domestic demand absorbs much of the output, enhancing farmers' incomes over the long term requires stronger global integration.

No matter how cautiously India negotiates to safeguard its agriculture in FTAs, it will need to offer greater market access to partners' agri and livestock products. For farmers to benefit in return, two foundational pillars must be strengthened: Compliance with international food safety and standards; systemic, professionally managed trade promotion. Especially in high-value markets like the EU, food safety regulations are evolving rapidly—extending beyond maximum residue levels to traceability, labelling, packaging, sustainability, and production methods.

Even developing markets are upgrading food standards, driven by public health concerns and rising consumer awareness. As "trade without traceability" becomes untenable, India's agricultural value chains must be future-ready to meet these benchmarks. Moreover, India must be better equipped to respond when food safety norms are applied in ways that restrict market access.

India's ability to gain from FTAs depends not only on negotiations but on how well its domestic ecosystem is prepared. Several structural and institutional hurdles persist.

المزيد من القصص من Financial Express Delhi

Financial Express Delhi

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Delhi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

time to read

2 mins

January 23, 2026

Financial Express Delhi

Emergent eyes production-grade AI software

EMERGENT, A YEAR-OLD artificial intelligence (AI) startup founded by Dunzo co-founder Mukund Jha, is positioning itself around the idea that the next phase of software creation will be driven by non-programmers building full-fledged applications using Al, ratherthan developers writing code line by line.

time to read

1 mins

January 23, 2026

Financial Express Delhi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Delhi

Scrappage policy needs strong incentives: Ashok Leyland CEO

DEMAND UNLOCK

time to read

2 mins

January 23, 2026

Financial Express Delhi

Musk: AI robots will eventually outnumber us

ELON MUSK, A longtime critic of the World Economic Forum's (WEF) annual event in Davos, Switzerland, appeared at the gathering for the first time on Thursday, and predicted that robots will eventually outnumber humans.

time to read

1 min

January 23, 2026

Financial Express Delhi

Walmart to sell ₹9,173-cr stake in PhonePe IPO; Microsoft to exit

FINTECH MAJOR PHONEPE'S upcoming initial public offering (IPO) will see its parent Walmart partially offloading its stake, while investors Tiger Global and Microsoft Global Finance will look to sell their entire holdings.

time to read

1 min

January 23, 2026

Financial Express Delhi

Trump's Board of Peace off to a rocky start in Davos

G7 COUNTRIES OPT TO STAY ON THE SIDELINES

time to read

1 min

January 23, 2026

Financial Express Delhi

Duroflex to step up omnichannel push

EYEING GROWTH Duroflex plans to raise ₹184 crore in fresh issue by the end of 2026 It plans launch of 120 stores from the IPO proceeds The IPO will comprise an offer for sale of over 22.5 mn shares

time to read

1 mins

January 23, 2026

Financial Express Delhi

IndiGo Q3 profit falls 78% on Dec trouble

INTERGLOBE AVIATION, WHICH operates IndiGo, on Thursday reported a sharp fall in its October-December profit after onetime charges linked to widespread flight disruptions in December dragged earnings well below market expectations, even as revenue grew at a modest pace.

time to read

1 min

January 23, 2026

Listen

Translate

Share

-
+

Change font size