Tuesday 25 August 2020

Business of agricultural exports continued in corona lockdown

Agriculture export
Corona Impact

We are aware of the corona in worldwide. This corona destroys the whole world business market and jobs of many people. But we have seen that its impacts on many business, and they need some time to recover the loss. 

It did not impact on a single type of business but impact all business except the medical line like Medical Company but bow we get some information that in corona time agriculture export business will also under process confirmed by APEDA in India. Due to Corona Pandemic, even though the lockdown in the country has destroyed all the business of the country and the world, the business of agricultural exports continued. 

The special thing is that during this time not only the export of agricultural products has been happening without any hindrance, but during this time, the export has also increased. India has exported more than 25,000 crores of agriculture during the 4 months of the Corona period, which is 23.24 percent more than the same period last year. 

According to the Agricultural and Processed Food Products Export Development Authority (APEDA), India has exported 8.23 ​​lakh metric tonnes of fruit (Fruit Export) worth Rs 5,638 crores. The talking about vegetable, this quantity was 31.92 lakh metric tons. Vegetable Export worth Rs. 5,679 crores has been exported from India. 

According to APEDA, India has become the second largest producer of wheat in the world, but we are currently 34th concerning exports. Similarly, India is definitely the third largest country in the world in the production of vegetables, but in the 14th position concerning exports. APEDA says that it has set a target to increase agricultural exports from $40 billion to $60 billion by 2022.

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