# Govt plans to introduce new agriculture export policy | Mint

> 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.

- Date: 2024-12-25 · published 2024-12-25T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/26925-govt-plans-to-introduce-new-agriculture-export-policy-mint
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-10-05 | [PMO Gives Go-ahead to Anti-Farmer Agriculture Export Policy \| NewsClick](https://feedsoft.ai/events/62494-pmo-gives-go-ahead-to-anti-farmer-agriculture-export-policy-newsclick.md) | -0.9% | -1.3% |
| RICE | 2017-12-21 | [Agriculture reforms: To stem falling prices, govt looks at new farm exports policy \| India News](https://feedsoft.ai/events/67451-agriculture-reforms-to-stem-falling-prices-govt-looks-at-new-farm-exports.md) | -1.6% | +2.9% |
| RICE | 2018-08-10 | [Agriculture Export Policy to be in line with WTO norms - The HinduBusinessLine](https://feedsoft.ai/events/63493-agriculture-export-policy-to-be-in-line-with-wto-norms-the-hindubusinessline.md) | -2.6% | +1.0% |
| RICE | 2021-02-25 | [The New Farm Laws May Facilitate a Shift in India's Agricultural Export Policy - The Wire](https://feedsoft.ai/events/48581-the-new-farm-laws-may-facilitate-a-shift-in-india-s-agricultural-export-policy.md) | +2.3% | +4.1% |
| RICE | 2019-10-17 | [Government Appoint Counsellors in 10 Countries to aid Agriculture Export](https://feedsoft.ai/events/56515-government-appoint-counsellors-in-10-countries-to-aid-agriculture-export.md) | -2.6% | -2.4% |
| WHEAT | 2017-12-21 | [Agriculture reforms: To stem falling prices, govt looks at new farm exports policy \| India News](https://feedsoft.ai/events/67451-agriculture-reforms-to-stem-falling-prices-govt-looks-at-new-farm-exports.md) | +0.5% | +0.7% |
| WHEAT | 2026-08-04 | [New Export Price Mechanism for Agricultural Products](https://feedsoft.ai/events/12806-new-export-price-mechanism-for-agricultural-products.md) | +0.1% | +5.3% |
| WHEAT | 2018-08-10 | [Agriculture Export Policy to be in line with WTO norms - The HinduBusinessLine](https://feedsoft.ai/events/63493-agriculture-export-policy-to-be-in-line-with-wto-norms-the-hindubusinessline.md) | -2.9% | +2.5% |

## Sources

- livemint.com: https://www.livemint.com/industry/agriculture/agriculture-export-policy-farm-wheat-uae-us-vegetable-fruits-pulses-spices-singapore-livelihood-india-millet-association-11735040798363.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.