: APEDA organises meet on floriculture, seeds & cereals #FinanceIndia #StockMarketNEWS APEDA organises meet on floriculture, seeds & cereals New Delhi, Feb 4 (KNN) Agricultural & Processed Food

@StockMarketNEWS Tue 09 Feb, 2021

Posted in: #FinanceIndia #StockMarketNEWS

APEDA organises meet on floriculture, seeds & cereals #FinanceIndia #StockMarketNEWS
APEDA organises meet on floriculture, seeds & cereals New Delhi, Feb 4 (KNN) Agricultural & Processed Food Products Export Development Authority (APEDA) organized 1st product committee meeting for Floriculture, Seeds & Cereals on 3rd February 2021. The meeting was chaired by Dr. M. Angamuthu, Chairman, APEDA.

Despite challenges posed by the COVID19 pandemic, India achieved impressive growth in cereals exports in the 1st three quarters of 2020-21. Cereals exports grew by close to 53% to Rs 49,832 crore in Apr-Dec 2020-21, compared a year-ago period.

Basmati rice exports grew by 5.31% to Rs 22,038 crore while the non-basmati segment witnessed a spike in exports by 122.61% to Rs 22,856 crore. Wheat exports rose by 456% to Rs 1,870 crore, while exports of other cereals like millet and maize grew by 177% to Rs 3,067 crore. Cereals have a share of 48.61% in the total exports under the APEDA basket. Overall exports of cereal products from the country continue to do well.

The Committee deliberated on the issues related to export promotion of Cereal Products, Floriculture and Seeds and specifically on Non Basmati Rice and Millets, the Nutri Cereals.

Considering the potential of increasing exports of rice (basmati rice and non-basmati rice), millets and millet products floriculture and seed, APEDA is closely interacting with trade and preparing a perspective action plan for increasing export of Cereal Products, Floriculture and Seeds for a period of five years i.e. 2021-2026 to enable all concerned stakeholders for taking necessary action in a time-bound manner for achieving the target.

The meeting was joined by Dr. Shatrughan Pandey, APEDA Authority Member, Chetan Singh, APEDA Authority Member, Dr. Charudutta Dgambarro Mayee, APEDA Authority Member and Senior Officers of APEDA.

Stock Market News & Best Intraday tips & Stocks near support

Report