Agri export policy to get a makeover

India's six-year-old Agricultural Export Policy (AEP) is set for an overhaul as export destinations shift and the country's farm exports basket becomes more diverse, three people directly involved in the process said.

- Dhirendra Kumar

NEW DELHI:

The proposed review will attempt to enhance the competitiveness of Indian agricultural products, ensure compliance with global standards, and promote value-added products. It will also try to find ways to strengthen trade ties with emerging markets while sustaining strong relationships with traditional partners, the people cited above said on the condition of anonymity.

"Our agricultural exports have been witnessing an increasing trend over the last five years. The policy needs to be reviewed to realign our export targets with changing market demands. The review process will begin in consultation with the agriculture ministry, and a timeline will be established," one of the three people cited above said.