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India exported organic products worth Rs 5525 cr; exports yet to reach 20-21 levels
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Monday, 29 January, 2024, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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India has exported Rs 5525.18 crore worth of organic products during the financial year 2022-23 which was Rs 275 crore more than the previous year's export of around Rs 5249.32 crore.
Although in last five years it was only in 2020-21 when the export of organic products was highest at Rs 7078.50 crore.
And the export is yet to reach the levels of 2020-21.
According to the Ministry of Commerce and Industries, India's export of organic products are governed under the National Programme for Organic Production (NPOP), notified in 2001 under the Foreign Trade (Development & Regulation) Act, 1992.
And a product is allowed to be exported as "Organic Product" only when accompanied by a Transaction Certificate issued by a Certification Body accredited by National Accreditation Body
(NAB) for Organic Products under the NPOP.
"For expansion of organic export to new markets, India is engaged in Mutual Recognition Agreement negotiation with potential importing countries", reads a statement issued by the Ministry.
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