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India plans to overhaul its six-year-old Agricultural Export Policy as export destinations shift and the farm export basket diversifies. The review aims to improve competitiveness, meet global standards and promote value-added products, with India ranked the eighth-largest agricultural exporter in 2023.
Farm exports fell from $51.12 billion in FY23 to $48.77 billion in FY24.
A policy rewrite may change how India routes and prices its farm exports, but no timeline has been set, so near-term price effects are limited.
livemint.comDhirendra KumarDec 25, 2024After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
