# Govt to take steps to promote agri commodity exports: Jaitley | Govt to take steps to promote agri commodity exports: Jaitley

> Finance Minister Arun Jaitley said in the 2018-19 Union Budget that India will liberalise exports of agricultural commodities, which he said have potential of USD 100 billion against current exports of about USD 30 billion. A comprehensive export policy covering logistics is being prepared.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/66442-govt-to-take-steps-to-promote-agri-commodity-exports-jaitley-govt-to-take-steps
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Easing agri export restrictions could lift Indian exports of rice, cereals and oil meals, tightening some global supply, though the policy is still forthcoming and effects are uncertain.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-05-04 | [Sharp fall in agri exports prompts govt to push perishables \| India News](https://feedsoft.ai/events/30205-sharp-fall-in-agri-exports-prompts-govt-to-push-perishables-india-news.md) | +2.7% | -6.6% |
| RICE | 2023-02-23 | [Govt to continue rice export restrictions to ensure domestic price stability, adequate stocks](https://feedsoft.ai/events/37312-govt-to-continue-rice-export-restrictions-to-ensure-domestic-price-stability.md) | +0.8% | +1.4% |
| RICE | 2024-01-13 | [Govt not considering any proposal to lift export curbs on wheat, rice, sugar \| Mint](https://feedsoft.ai/events/32110-govt-not-considering-any-proposal-to-lift-export-curbs-on-wheat-rice-sugar-mint.md) | +1.9% | +8.1% |
| RICE | 2022-08-27 | [Govt may curb export of rice to  maintain ‘food security’ \| India News](https://feedsoft.ai/events/39984-govt-may-curb-export-of-rice-to-maintain-food-security-india-news.md) | +0.4% | +0.2% |
| RICE | 2023-07-25 | [India’s new ban on rice exports: Potential threats to global supply, prices, and food security \| IFPRI](https://feedsoft.ai/events/34967-india-s-new-ban-on-rice-exports-potential-threats-to-global-supply-prices-and.md) | -4.5% | -4.2% |

## Sources

- asianage.com: https://www.asianage.com/business/economy/010218/govt-to-take-steps-to-promote-agri-commodity-exports-jaitley.html

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