Suresh Prabhu: Policy soon to boost farm exports, says commerce minister Suresh Prabhu – The Economic Times

The government will soon bring in a policy framework for facilitating access to global markets for India’s agriculture products, commerce and industry minister Suresh Prabhu said on Tuesday.

Prabhu, who took charge as the commerce and industry minister on Monday, said his ministry will work on developing a global supply chain for the Indian agriculture sector and ensuring better prices for farmers.

“If they (farmers) produce something, they (should) get an access to global market and get better prices for that, and for that we will put in place a good policy framework very soon,” Prabhu said at an agri summit here.

Multilaterally, he said, there is a need to work on removing trade restrictions with an aim to boost India’s agri exports. “We have the right to have access to global markets for our farm produce by removing all trade restrictive practices,” he added.

He said his ministry will work on developing agri parks. Prabhu also called for a paradigm shift in the government’s approach towards increasing investments and a proactive approach in reaching out to global companies.

On his second day in office in his new portfolio, Prabhu held a meeting with the Invest India team which works under the Department of Industrial Policy and Promotion (DIPP).

Prabhu said India needs to focus not just on Make in India but Design in India to be a part of the entire value chain.

via Suresh Prabhu: Policy soon to boost farm exports, says commerce minister Suresh Prabhu – The Economic Times

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s