Question
According to the Directorate General of Commercial
Intelligence and Statistics, the value of rice exports in FY23 rose by more than 15% year-on-year to a record ____ from $9.6 billion in the previous fiscal.Solution
Exports of agricultural and processed food products rose by 9% to $26.3 billion in 2022-23 as compared to FY22, driven by a spike in a shipment of rice, fruits and vegetables, livestock and dairy products. According to the Directorate General of Commercial Intelligence and Statistics, the value of rice exports in FY23 rose by more than 15% year-on-year to a record $11.1 billion from $9.6 billion in the previous fiscal. Fresh and processed fruits and vegetables reported export growth of 18.8% to $3.8 billion in the last fiscal year. Export of meat, dairy and poultry products declined marginally compared to last year at $4 billion last fiscal compared to previous year.
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The Wagan Mound Case discusses:
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