Correct option is B
The correct answer is (B) 60+ billion
Explanation:
• The Union Government introduced the Agriculture Export Policy in 2018 with the explicit target to double agricultural exports from the then existing US$ 30+ billion mark to over US$ 60 billion by the year 2022.
• The comprehensive policy framework was engineered to promote novel, indigenous, organic, ethnic, traditional, and non-traditional agri-products from India into international markets.
• Key institutional mechanisms of this policy include providing robust institutional support, upgrading export-oriented infrastructure, minimizing post-harvest losses, and fostering unique product-specific clusters across districts.
Information Booster:
• The policy operated with a strategic vision to integrate Indian farmers directly into global agricultural value chains, reinforcing the national broader vision of doubling farmers' net income.
Additional Knowledge:
• 40+ / 50+ / 70+ billion (Options A, C, D): These numbers do not align with the formal strategic targets outlined within the official policy documentation released by the Ministry of Commerce and Industry in 2018.
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60 Questions
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