16 Feb 2022 Agricultural and Processed Food Products Export Development Authority- APEDA
Agricultural and Processed Food Products Export Development Authority- Today Current Affairs
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The Agricultural and Processed Food Products Export Development Authority (APEDA) celebrated its 36th Foundation Day on February 13, 2022.
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The Agricultural and Processed Food Products Export Development Authority was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act, 1985.
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It works under the Ministry of Commerce and Industry. The headquarters of the Authority is at New Delhi. The Hindu Analysis.
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The Authority replaced the Processed Food Export Promotion Council. It looks after the development of industries related to the products scheduled for export.
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APEDA performs this task in the form of financial assistance or other forms of survey and feasibility studies and through participation through schemes of support.
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APEDA has actively supported the government in increasing agricultural exports, due to which agricultural exports increased from $ 600 million in 1986 to $ 200 billion in the year 2020-21.
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According to the Ministry of Commerce and Industry, APEDA has helped in increasing Indian exports to many countries. Today Current Affairs.
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APEDA aims to export $23 billion 700 million in the current financial year, of which more than 70 percent of the target has been achieved by January 2022.
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The ministry has said that keeping in mind the ‘Vocal for Local’ and self-reliant India on the call of the Prime Minister, APEDA is promoting the export of local agricultural products. These include land indicators, indigenous and tribal agricultural products.
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yojna ias daily current affairs 16 feb 2022 hindi
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