India’s agricultural and processed food products

Solution

According to the data provided by APEDA,India’s agricultural and processed food products exports rose by 30 percent to USD 9.6 billion during April-July this fiscal.For 2022-23, an export target of USD 23.56 billion has been fixed for the agricultural and processed food products basket. The exports of fruits and vegetables registered a 4 percent growth during the period. Basmati rice exports witnessed a growth of 29.13 per cent in the first four months of 2022-23 as its export increased from USD 1.21 billion in April-July 2021 to USD 1.56 billion during April-July 2022. Exports of non-Basmati rice rose by 9.24 per cent during the period to USD 2.08 billion.Similarly, the export of dairy products recorded a growth of 61.91 per cent to USD 247 million in the first four months of the current fiscal.