Welcoming the Union Budget 2018-19, Ganesh Kumar Gupta, president, FIEO said that it’s a balanced budget for the country aiming at inclusive growth and transforming rural India. The focus of the budget is on agriculture, rural economy, infrastructure, MSME and exports.
Gupta said that the target to take agri-exports from $30 billion to $100 billion is very encouraging as agri-exports would be instrumental in doubling farmers’ income. A stable Agri Export Policy based on digitalised current stock position, scientific forecasting of crop prospects, current demand would help in devising such a policy. The backward and forward linkages in agriculture through logistics and supply chain would be required to meet such targets. The state-of-art facility in 42 mega food park will unleash the potential of food processing exports.
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