INITIATIVES OF THE GOVERNMENT

Agriculture Export Policy 2018 (AEP)

To encourage the export of agricultural goods, the Indian government has established the comprehensive Agriculture Export Policy (AEP). The main goals of the AEP are to increase high-value-added agricultural exports, diversify export sources and destinations, encourage exports of indigenous, organic, traditional, and nontraditional agriproducts, provide an institutional framework for pursuing market access, and make it possible for farmers to take advantage of export opportunities in foreign markets.

Scheme for Financial Assistance (FAS)

FAS is the Agriculture and Processed Food Products Export Development Authority’s programme for promoting exports (APEDA). It is a component of the Finance Commission Cycle for 2021–2022–2025–2026. This program ’ s main objective is to help companies develop their export markets, quality, and infrastructure. The plan will provide financial support ranging from Rs. 5 lahks (US$ 6,500) to Rs. 5 crores (US$ 650,000).