What the Modi govt is doing to double farm income by 2022
In April 1992, Nitin Agrawal’s first batch of Nashik grapes weighing 84 tonnes reached a port in Suffolk. His client, Marks Spencer, inspected and okayed the size and freshness of the fruits that were on a cargo ship for three weeks. Agrawal, an engineerturned-entrepreneur, heaved a sigh of relief.India had its first export of grapes to the United Kingdom. The multinational retailer then surprised him with a bonus of 10,000 pounds besides immediately clearing all payments.Twenty-seven years later, Marks Spencer continues to be Agrawal’s client. The only difference is that his Mumbai-based company Euro Fruits now has a turnover of Rs 125 crore and exports grapes to 19 European countries.Agrawal says the 250 farmers from Nashik, Latur and Solapur in Maharashtra, who cultivate the grapes for him following strict export timelines, have also risen with him. He says the farmers earn Rs 75-80|kg for premium grapes while the domestic varieties sell for half of that amount. 70621548 Farming, OutboundThe Narendra Modi government also believes a boost to farm export is a sure-shot way to help double farmers’ income by 2022.
What the Modi govt is doing to double farm income by 2022
In April 1992, Nitin Agrawal’s first batch of Nashik grapes weighing 84 tonnes reached a port in Suffolk. His client, Marks Spencer, inspected and okayed the size and freshness of the fruits that were on a cargo ship for three weeks. Agrawal, an engineerturned-entrepreneur, heaved a sigh of relief.India had its first export of grapes to the United Kingdom. The multinational retailer then surprised him with a bonus of 10,000 pounds besides immediately clearing all payments.Twenty-seven years later, Marks Spencer continues to be Agrawal’s client. The only difference is that his Mumbai-based company Euro Fruits now has a turnover of Rs 125 crore and exports grapes to 19 European countries.Agrawal says the 250 farmers from Nashik, Latur and Solapur in Maharashtra, who cultivate the grapes for him following strict export timelines, have also risen with him. He says the farmers earn Rs 75-80|kg for premium grapes while the domestic varieties sell for half of that amount. 70621548 Farming, OutboundThe Narendra Modi government also believes a boost to farm export is a sure-shot way to help double farmers’ income by 2022.