Farm exports decline to $34 b | Business Line–11.08.2017

 

India’s agricultural exports have declined to $33.87 billion in 2016-17 from $43.23 billion in 2013-14, Parliament was informed on Wednesday.

The primary reasons for decline in export of agricultural commodities are low commodity prices in the international market, “which has made our exports uncompetitive,” Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.

However, import of agricultural commodities (including plantation and marine products) in 2016-17 rose to $25.09 billion from $15.03 billion in 2013-14.

(This article was published on August 9, 2017)

via Farm exports decline to $34 b | Business Line

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s