A rise in the sugar export has helped India increase its agriculture export by over 25 per cent in the first 10 months of the current fiscal.
Union Minister of State for Commerce Anupriya Singh Patel shared the information in Lok Sabha on Wednesday stating that the export of agricultural commodities has touched $40.87 billion.
Export of sugar has registered a substantial increase during the current season, she said.
Replying to a Question Hour, she said, “From April 2021 to January 2022, export of agricultural commodities has reached $40.87 billion as against $32.66 billion during the same period last year. It is an increase of 25.14 per cent.”
An increase in the export of sugar will help in improving the financial condition of the farmers and they would get better returns for their yield.
