14-Feb-2022: The exports of Shallots reach an all-time high with a growth of 487% since 2013
India's export of Shallots sees a boom with a growth of 487% since 2013. Exports rose from USD 2 Million in April-December 2013 to USD 11.6 Million in April-December 2021.
Major export destinations during April-December 2021 were Sri Lanka (35.9%), Malaysia (29.4%), Thailand (12%), U Arab E (7.5%) & Singapore (5.8%).
India’s export of Pineapple also rose by almost 100% to USD 3.26 Million during April-December 2021 compared to USD 1.63 Million during April-December 2013.
Major export destinations for Pineapple during April-December 2021 were U A E (32.2%), Nepal (22.7%), Qatar (16.6%), Maldives (13.2%) & U S A (7.1%).
India has been seeing consistent growth in exports. It may be noted that India’s merchandise export in January 2022 increased by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; recording an increase of 31.75% over USD 25.85 billion in January 2020.
India’s merchandise export in 2021-22 (April-January) rose by 46.53% to USD 335.44 billion over USD 228.9 billion in 2020-21 (April-January); marking an increase of 27.0% over USD 264.13 billion in 2019-20 (April-January).
The government has been taking up a number of proactive steps to boost exports. An export monitoring desk has been set up to help remove impediments, constraints and bottlenecks faced by the export sector, especially during the pandemic.
Various Acts under the Department of Commerce are being reviewed to remove redundancies and outdated provisions.
Several bilateral trade agreements are being pursued with great vigour. The government is committed towards developing each district in India as an export hub through initiatives such as One District One Product (ODOP). Innovative measures such as use of payload carrying drones to address first and last mile connectivity issues are being taken.
Efforts are being made for reducing compliance burden through rationalization and decriminalization and several initiatives are being undertaken to improve the ease of doing business.
Support is also being extended to exporters through various exporters-oriented schemes.
The Government is also working on enhancing value of branding of Indian exports to improve India’s global standing as a reliable supplier and proactive steps are being undertaken to align the nation with the global value chain.
An IT based platform for providing exporters licensing and addressing their grievances is also in the works.
4-Feb-2022: Thirty-Nine (39) Towns have been recognized as Towns of Export Excellence (TEE) under the Foreign Trade Policy
Thirty-Nine (39) Towns have been recognized as Towns of Export Excellence (TEE) under the Foreign Trade Policy 2015-20 (extended up to 31.03.2022).
Towns of Export Excellence (TEE) can avail benefits under Para 1.35 (b) of Foreign Trade Policy i.e.,
- Recognized associations of units in Towns of Export Excellence can avail financial assistance under Market Access Initiative (MAI) scheme, on priority basis, for export promotion projects for marketing, capacity building and technological services.
- Common Service Providers in the Towns of Export Excellence are entitled for Authorisation under Export Promotion Capital Goods (EPCG) Scheme.
Towns producing goods of Rs. 750 Crore or more can be recognised as Towns of Export Excellence (TEE) based on potential for growth in exports. However, for Town of Export Excellence (TEE) in Handloom, Handicraft, Agriculture and Fisheries sector, the threshold limit is Rs.150 Crore. The notification of Towns of Export Excellence (TEE) is done in Appendix 1B of Foreign Trade Policy based on the proposals received from the Industry Association and in consultation with other stakeholders.
List of recognized Towns of Export Excellence (TEE) with their year of recognition:
|
Sl. No |
Town of Export Excellence |
State |
Product |
Year of recognition as TEE |
|
1. |
Tirupur |
Tamil Nadu |
Hosiery |
2003 |
|
2. |
Ludhiana |
Punjab |
Woolen Knitwear |
2003 |
|
3. |
Panipat |
Haryana |
Woolen Blanket |
2003 |
|
4. |
Kannur |
Kerala |
Handlooms |
2004 |
|
5 |
Karur |
Tamil Nadu |
Handlooms |
2004 |
|
6. |
Madurai |
Tamil Nadu |
Handlooms |
2004 |
|
7. |
AEKK(Aroor, Ezhupunna, Kodanthuruthu & Kuthiathodu) |
Kerala |
Seafood |
2004 |
|
8. |
Jodhpur |
Rajasthan |
Handicraft |
2004 |
|
9. |
Kekhra |
Uttar Pradesh |
Handlooms |
2004 |
|
10. |
Dewas |
Madhya Pradesh |
Pharmaceuticals |
2006 |
|
11. |
Alleppey |
Kerala |
Coir Products |
2006 |
|
12. |
Kollam(Quilon) |
Kerala |
Cashew Products |
2006 |
|
13. |
Indore |
Madhya Pradesh |
Soya Meal and Soya Products |
2008 |
|
14. |
Bhilwara |
Rajasthan |
Textiles |
2009 |
|
15. |
Surat |
Gujarat |
Gems and Jewellery |
2009 |
|
16. |
Malihabad |
Uttar Pradesh |
Horticulture Products |
2009 |
|
17. |
Kanpur |
Uttar Pradesh |
Leather Products |
2009 |
|
18. |
Ambur |
Tamil Nadu |
Leather Products |
2009 |
|
19. |
Jaipur |
Rajasthan |
Handicrafts |
2009 |
|
20. |
Srinagar |
Jammu & Kashmir |
Handicrafts |
2009 |
|
21. |
Anantnag |
Jammu & Kashmir |
Handicrafts |
2009 |
|
22. |
Barmer |
Rajasthan |
Handicrafts |
2010 |
|
23. |
Bhiwandi |
Maharashtra |
Textiles |
2010 |
|
24. |
Agra |
Uttar Pradesh |
Leather Products |
2010 |
|
25. |
Firozabad |
Uttar Pradesh |
Glass Artwares |
2011 |
|
26. |
Bhubaneshwar |
Orissa |
Marine Products |
2011 |
|
27. |
Agartala |
Tripura |
Bamboo Cane & Other Handicrafts |
2011 |
|
28. |
Ahmedabad |
Gujarat |
Textiles |
2012 |
|
29. |
Kolhapur |
Maharashtra |
Textiles |
2012 |
|
30. |
Saharanpur |
Uttar Pradesh |
Handicrafts |
2012 |
|
31. |
Morbi |
Gujarat |
Ceramic Tiles &Sanitaryware |
2013 |
|
32. |
Gurgaon |
Haryana |
Apparel |
2013 |
|
33 |
Thoothukudi(Tuticorin) |
Tamil Nadu |
Marine |
2014 |
|
34. |
Visakhapatnam |
Andhra Pradesh |
Seafood |
2014 |
|
35. |
Bhimavaram |
Andhra Pradesh |
Seafood |
2015 |
|
36. |
Panipat |
Haryana |
Carpets, other Textile Floor Coverings & Bed Linen |
2018 |
|
37 |
Bhadohi |
Uttar Pradesh |
Carpets, other Textile Floor Coverings |
2018 |
|
38 |
Pollachi |
Tamil Nadu |
Coir and Coir Product |
2020 |
|
39 |
Noida |
Uttar Pradesh |
Apparel Products |
2021 |
4-Feb-2022: Price Volatility of ‘TOP’ Crops
There are several factors including weather conditions causing fluctuations in prices for Tomato, Onion and Potato (TOP) crops such as arrivals from non-traditional areas/other parts of country; season-wise change in crop-sowing pattern; early arrival of crop from next Rabi/Kharif season and residual of previous season’s crop etc.
Ministry of Food Processing Industries provides transportation /storage subsidy @50% for notified fruits & vegetables including (TOP) crops at the time of glut situation during harvest season under short term intervention of scheme of Operation Greens (OG) which helps in price stabilization for farmers as well as consumers.
The Ministry is also maintaining Market Intelligence & Early Warning System (MIEWS) Portal to keep watch on current prices of Tomato, Onion and Potato (TOP) crops through National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) and accordingly, low price alerts are issued to concerned departments of States from time to time.
The OG scheme is being implemented only since November, 2018 and accordingly, no study has been conducted on the subject.