Agricultural Products’ Exports to Increase
New Delhi: The formation of a Cooperative Sector Exports Promotion Forum (CSEPF) to achieve the target of doubling farm exports to USD 60 billion by 2022, was announced by Commerce Minister Piyush Goyal.
In India, there are more than 8 lakh cooperative institutions and 94% of the country's 15 crore farmers are members of at least one cooperative body. To work with 20 states and union territories in the area of export, Cooperative Sector Exports Promotion Forum (CSEPF) has been set up in the National Cooperative Development Corporation (NCDC).
Since the cooperatives are at an emerging phase as far as exports are concerned, the state hopes to bring them together and encourage them to create and market products for the worldwide market. Boosting farm exports will help the government accomplish the goal of doubling farmers' revenue by 2022, he said adding that all concerned ministries are working together in this direction.
Source: The Economic Times, July 2, 2019
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