|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Scindia says around 4.5 - 5% growth in agriculture vital for economy
|
|
Thursday, 17 February, 2011, 08 : 00 AM [IST]
|
|
Our Bureau, Mumbai
|
Calling for a second green revolution, union minister of state for commerce and industry Jyotiraditya M Scindia said that with proper investment in agriculture, technical innovation and infrastructure for food processing, India could well become the food basket of the world. Scindia was addressing the APEDA Export Awards function which coincided with the celebrations of 25 years ( Agriculture and Processed Foods Development Authority of India) of the Authority).
Scindia said that agriculture sector was critical for India's economy as 60-70% of the population depended on it for livelihood. “We require 4.5%-5 % growth in agriculture to uplift our economy in rural areas,” he added.
Referring to the recent initiatives to reduce transaction costs, he said that the ministry was committed to build on the first installment of transaction cost reducing initiatives which had resulted in saving of Rs 2,100 crore in perpetuity. He hoped to come out with fresh initiatives on annual or bi-annual basis.
Commerce secretary Dr Rahul Khullar noted that Indian agriculture was intrinsically competitive and robust export of agri products was an indication of that strength.
Complimenting the exporters for their performance, Dr Khullar emphasised that Indian agri products would have to move up the value chain in order to achieve a target of $15 billion in the next three years. He pointed out that the main challenge for the sector would be to deal with emerging range of non-tariff barriers such as sanitary and phytosanitary measures. “We have to address quality and technical issues more seriously,” he added. He praised traceability measures deployed in various agri-products to meet international requirements. “Traceability may become another mode of banning,” he warned.
APEDA Exports Awards were given to the exporters for their performance. APEDA which completed its silver jubilee was engaged in the promotion and development of export of agriculture and processed food products. It honoured exporters for distinguishing themselves by grossing highest turnover in their respective categories.
|
|
|
|
|
|
|
|
|
|