# Is govt's $60 billion agri exports target feasible? - Rediff.com Business

> Experts called India's target of doubling agri exports to $60 billion by 2022 highly ambitious, noting exports fell from about $40 billion five years earlier to $36 billion in 2017-18. Analysts also doubted the government would keep its pledge to remove export curbs, since it tends to restrict exports when inflation rises.

- Date: 2018-12-07 · published 2018-12-07T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/61538-is-govt-s-60-billion-agri-exports-target-feasible-rediff-com-business
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Skepticism about the removal of export curbs means Indian farm export supply to world markets is likely to remain uncertain. This keeps a risk premium on Indian rice and other farm exports.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-02-01 | [Govt to take steps to promote agri commodity exports: Jaitley \| Govt to take steps to promote agri commodity exports: Jaitley](https://feedsoft.ai/events/66442-govt-to-take-steps-to-promote-agri-commodity-exports-jaitley-govt-to-take-steps.md) | +0.5% | -0.2% |
| RICE | 2024-09-28 | [Govt eases export curbs for non-basmati white rice \| Business News - The Indian Express](https://feedsoft.ai/events/12949-govt-eases-export-curbs-for-non-basmati-white-rice-business-news-the-indian.md) | +0.1% | +0.0% |
| RICE | 2024-03-12 | [Navigating India's Rice Export Ban - AgriBusiness Global](https://feedsoft.ai/events/31139-navigating-india-s-rice-export-ban-agribusiness-global.md) | +1.9% | -4.8% |
| RICE | 2023-08-28 | [Central govt's restrictions on rice exports puts wheat and sugar in focus \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/34529-central-govt-s-restrictions-on-rice-exports-puts-wheat-and-sugar-in-focus.md) | +6.2% | +1.1% |
| RICE | 2024-01-25 | [Consistent agri export policy required to achieve $100 bn target, says Siraj Hussain - The HinduBusinessLine](https://feedsoft.ai/events/32105-consistent-agri-export-policy-required-to-achieve-100-bn-target-says-siraj.md) | +0.5% | +4.2% |
| WHEAT | 2021-10-19 | [India's unexpected wheat export restriction traps 1.8 million tonnes at ports · Business Upturn](https://feedsoft.ai/events/44507-india-s-unexpected-wheat-export-restriction-traps-1-8-million-tonnes-at-ports.md) | +0.7% | +9.2% |
| WHEAT | 2023-08-28 | [Central govt's restrictions on rice exports puts wheat and sugar in focus \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/34529-central-govt-s-restrictions-on-rice-exports-puts-wheat-and-sugar-in-focus.md) | -4.7% | -1.9% |
| WHEAT | 2024-01-25 | [Consistent agri export policy required to achieve $100 bn target, says Siraj Hussain - The HinduBusinessLine](https://feedsoft.ai/events/32105-consistent-agri-export-policy-required-to-achieve-100-bn-target-says-siraj.md) | -0.4% | -5.2% |

## Sources

- rediff.com: https://www.rediff.com/business/report/is-govts-60-billion-agri-exports-target-feasible/20181207.htm

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