CCEA approved continuation of Agriculture Export Plan of APEDA
The CCEA approved the continuation of the Agriculture Export Promotion Plan Scheme of the APEDA during 12th Plan Period.
The Cabinet Committee on Economic Affairs (CCEA) on 25 November 2013 approved the continuation of the Agriculture Export Promotion Plan Scheme of the Agricultural and Processed Food Products Export Development Authority (APEDA) during 12th Plan Period (2012-13 to 2016-17).
It was a proposal of the Ministry of Commerce and Industry for APEDA with four components namely infrastructure development, transport assistance, market development and quality development. The CCEA meeting was chaired by Prime Minister of India, Manmohan Singh.
The outlay of the scheme will be 1100 crore rupees during the 12th Plan period. The investments on the components are (Rupees in crore):
The Integrated Finance Division approved the expenditure incurred in the 1st year of the 12 plan period. The scheme will enhance the capabilities of the Indian exporters of agro products and support them in realizing their export potential. The components will help to catalyze the efforts of the exporting community because of the interventions by APEDA at different stages of supply chain.
If you have any Question/Point on the above information, please ask/discuss it in the Current Affairs: