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Thursday, January 14, 2010

India's farm exports up by 40%

"The country's farm product exports in value terms have surged by about 40% to over Rs.80,600 crore in the last three years. Foodgrain, oilmeals and fruits & vegetables witnessed maximum demand in the overseas market." a government statement said on wednesday. Export of tea and coffee rose marginally at Rs.2,688 crore and Rs.2,256 crore.

Whereas Union Agriculture Minister Sharad Pawar said on wednesday "With the measures we have taken, the prices of essential commodities are expected to start coming down in 8-10 days."

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