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Agricultural products account for
  • a)
    12.5% in the India's export.
  • b)
    13.4% in the India's export.
  • c)
    12.2% in the India's export.
  • d)
    11.2% in the India's export.
Correct answer is option 'B'. Can you explain this answer?
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Agricultural products account fora)12.5% in the Indias export.b)13.4% ...
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Agricultural products account fora)12.5% in the Indias export.b)13.4% ...
Agricultural products in India's export:

- Agricultural products are a significant contributor to India's export earnings.
- According to the data from the Ministry of Commerce and Industry, agricultural products account for 13.4% of India's total merchandise exports in the financial year 2020-21.
- India's agricultural exports include products like rice, wheat, spices, tea, coffee, fruits, and vegetables.
- The demand for Indian agricultural products is high in various countries due to their quality, taste, and affordability.
- The major destinations for India's agricultural exports are the USA, UAE, Bangladesh, Nepal, and Vietnam.
- The government of India has taken various measures to promote agricultural exports through schemes like the Agricultural and Processed Food Products Export Development Authority (APEDA) and Market Access Initiative (MAI).
- These measures include providing financial assistance to exporters, organizing trade fairs and exhibitions, and promoting the use of technology in agriculture.
- The COVID-19 pandemic has affected India's agricultural exports due to disruptions in supply chains and logistical issues.
- However, the government is taking steps to address these challenges and boost agricultural exports.
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Agricultural products account fora)12.5% in the Indias export.b)13.4% in the Indias export.c)12.2% in the Indias export.d)11.2% in the Indias export.Correct answer is option 'B'. Can you explain this answer?
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