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06 December 2018
 |
Agricultural(The Total Investment & Insurance Solutions)
The union cabinet today approved the
agricultural export policy, thereby, removing export restrictions on most
organic and agro processed products.
In its
first ever policy for agricultural exports, the cabinet also decided to give
high value, value added and perishable products a special reference. The Total Investment & Insurance
Solutions
New agricultural export policy is in-line
with PMs stated commitment of doubling farmers' income. Policy has been
formulated after extensive consultations with state governments, said Commerce
minister Suresh Prabhu.
The
government also asked states to remove restrictions such as mandi tax. Several
ports have also been identified as being nodal points for exports
The cabinet also cleared Power Finance
Corporation NSE -2.44 % 's takeover of Rural Electrification Corporation. Deal
will fetch the government around Rs 14,000 crores, stated Arun Jaitley in a
press conference. The Total Investment
& Insurance Solutions
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