Agricultural exports touching Rs. 3.75 lakh crores a good sign: Narendra Singh Tomar

Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar virtually opened the joint conference of the Indian Council for Research on International Economic Relations (ICRIER) and the National Stock Exchange (NSE) Gwalior today. On this occasion, Shri Tomar said that as a result of the hard work of the farmer brothers and sisters and the government’s pro-farmer policies, today India is among the top two producers in the world in terms of most agricultural products. . He said that organic products from India are in demand all over the world and despite adverse conditions like the corona epidemic, India’s agricultural exports reach Rs. 3.75 lakh crores is a good sign. In such a scenario, we must maintain the quality of our agricultural products and ensure that they meet global standards.


The conference on “Doing Agricultural Markets Right” has been jointly organized by ICRIER, one of the country’s leading economic think tanks, and the world’s largest stock exchange, NSE. The main guest, Union Minister Shri Tomar said that India is a country with diverse climate and there is a possibility of a very favorable climate for agriculture.

“Our agricultural sector is very strong, which stands firm even in adverse conditions. Recently, even during the Covid crisis, when the whole world had almost come to a standstill, despite the lockdown, all agricultural activities such as planting, harvesting , marketing, etc. The Indian agricultural sector is huge and most of our population depends on agriculture, so the government has made the necessary changes for its progress and academics also continue to support the government through their suggestions, all of which will benefit the agricultural sector Various initiatives have been taken under the leadership of Prime Minister Shri Narendra Modi in the past 8 years for the development and management of agriculture A thousand mandis across the country have been linked with the Agricultural Market (e-NAM) and the process is in connecting the remaining mandis Efforts have been made by the Central Government to enable farmers to obtain remunerative pri ces for their products and adopt technology in agriculture,” he said.


Shri Tomar said that the work of establishing 10,000 Farmers Producer Organizations (FPO) has started in the country with an expenditure of Rs 6,865 crore.

“FPOs make up about 85 percent of the small farmers in the country. Under the FPO umbrella, farmers earn by expanding their cultivation area, resulting in higher production volumes, they also get better quality seeds and fertilizers.” and they can conveniently avail loans, all of which will increase farmers’ overall income and improve agriculture.The government has set up one-to-one recruitment centers in various places, and farmers also receive subsidies for agricultural implements.Previously, the gates of private investment in the agricultural sector were often closed but now efforts are being made to bring facilities such as warehouses, cold rooms, packing machines, etc. ) has been established with an investment of more than Rs 1 lakh crore, of which loans worth Rs 9,500 crore have been approved for some 13,000 projects so far. ment, which will greatly benefit farmers,” he said.

Shri Tomar called on farmers to adopt organic and natural farming and its quality should benefit consumers. He said that the Central Government is also betting on the promotion of livestock, based on the principle of complementarity with agriculture. The Union Minister of Agriculture said that the Government has announced a policy to promote the use of drones and the Union Ministry of Agriculture and Farmers’ Welfare has issued an SOP in this regard.

“As the use of drones increases, it will not only benefit agriculture, but also help avoid the side effects of chemicals on farmers’ health and create new job opportunities. The government has launched several schemes in benefit of farmers and easy loans are being disbursed at low interest rates, the total amount of which is around Rs 16 lakh crores at present Similarly, under Pradhan Mantri Fasal Bima Yojana, the claim amount for a A total of Rs 1.15 lakh crores has been given to farmers as compensation for the loss of their crops so far. It is our endeavor that the productivity of farmers will increase, for which the government is taking continuous steps,” he said.


Shri Tomar expressed his confidence that the best proposals will emerge from the deliberations during the conference, which will guide the formulation of better policies. ICRIER President Shri Pramod Bhasin and NSE Managing Director and CEO Shri Vikram Limaye also addressed the conference. ICRIER’s chair of agriculture, Professor Shri Ashok Gulati, proposed the vote of thanks. NSE Director and CEO Dr. Deepak Mishra and NITI Aayog Fellow Professor Ramesh Chand were among the panelists and dignitaries at the conference.

(With GDP Inputs)

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