Aiming to give a boost to the export value chain, the Agricultural and Processed Food Products Export Development Authority (APEDA) signed a Memorandum of Understanding (MoU) with National Research Development Corporation (NRDC).

 

Details

The MoU has been signed for the implementation of the Agri Export Policy announced by Government of India in 2018 and to strengthen the export value chain.

 

Objectives of the Agriculture Export Policy, 2018

  • To double agricultural exports from present US$ 30+ Billion to US$ 60+ Billion by 2022 and reach US$ 100 Billion in the next few years thereafter, with a stable trade policy regime.
  • To diversify our export basket, destinations and boost high value and value added agricultural exports including focus on perishables.
  • To promote novel, indigenous, organic, ethnic, traditional and non-traditional Agri products exports.
  • To provide an institutional mechanism for pursuing market access, tackling barriers and deal with sanitary and phyto-sanitary issues.
  • To strive to double India’s share in world agri exports by integrating with global value chain at the earliest.
  • Enable farmers to get benefit of export opportunities in overseas market.

 

About APEDA –

  • The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act, 1985. It functions under the Ministry of Commerce and Industry. The Authority has its headquarters in New Delhi.
  • APEDA is mandated with the responsibility of export promotion and development of the scheduled products viz. fruits, vegetables and their products; meat and meat products; poultry and poultry products; dairy products; confectionery, biscuits and bakery products; honey, jaggery and sugar products; cocoa and its products, chocolates of all kinds; alcoholic and non-alcoholic beverages; cereal and cereal products; groundnuts, peanuts and walnuts, pickles, papads and chutneys; guar gum; floriculture and floriculture products; herbal and medicinal plants.
  • APEDA has been entrusted with the responsibility to monitor import of sugar.
  • It looks after the development of industries relating to the scheduled products for export by way of providing financial assistance or otherwise for undertaking surveys and feasibility studies, participating through subsidy schemes.
  • Registration of persons as exporters of the scheduled products and fixing of standards and specifications for the scheduled products for the purpose of exports.
  • Carrying out inspection of meat and meat products in slaughterhouses, processing plants, storage premises and improving packaging of the scheduled products.

 

About National Research Development Corporation 

  • NRDC is an enterprise of the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology.
  • It was established in 1953 with the primary objective to promote, develop and commercialise the technologies, know-how, inventions, and patents.