# Centre eyes $60 billion in agriculture exports by 2022 with new policy — The Kashmir Monitor

> The government unveiled a policy aiming to double agriculture exports to $60 billion by 2022 and remove arbitrary export curbs. Experts called the target ambitious given that exports fell to $36 billion in 2017-18. Commerce Minister Suresh Prabhu said each state will get an export promotion department and several seaports will serve as export gateways.

- Date: 2018-12-07 · published 2018-12-07T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/61540-centre-eyes-60-billion-in-agriculture-exports-by-2022-with-new-policy-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The stated aim to reduce export curbs would add Indian farm supply to world markets over time, but experts doubt the government will follow through during inflation spikes. Near-term price impact is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-12-25 | [Govt plans to introduce new agriculture export policy \| Mint](https://feedsoft.ai/events/26925-govt-plans-to-introduce-new-agriculture-export-policy-mint.md) | -0.0% | +4.4% |
| 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 | 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 | 2018-12-06 | [CCEA approves agriculture export policy: No curbs on shipment of processed, organic items \| Business News - The Indian Express](https://feedsoft.ai/events/61536-ccea-approves-agriculture-export-policy-no-curbs-on-shipment-of-processed.md) | -3.9% | -6.8% |
| 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% |
| WHEAT | 2024-12-25 | [Govt plans to introduce new agriculture export policy \| Mint](https://feedsoft.ai/events/26925-govt-plans-to-introduce-new-agriculture-export-policy-mint.md) | +0.4% | -1.5% |
| WHEAT | 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) | +1.0% | -0.8% |

## Sources

- thekashmirmonitor.net: https://www.thekashmirmonitor.net/centre-eyes-60-billion-in-agriculture-exports-by-2022-with-new-policy/

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