The world has been facing the challenge of coronavirus for the past two years. Economies have taken a hit because of the pandemic but in the case of India, the scenario is a bit different. The Indian economy has also been impacted but India’s agriculture exports grew at 17.5 per cent during the same period.
In India, institutions such as Agriculture and Processed food products Export Development Authority (APEDA), The Marine Products Export Development Authority (MPEDA), Commodity boards such as Coffee Board, Ruber Board, Spices Board etc., are promoting the export of various agriculture-related commodities. This is helping the country perform well on the Agri-exports front.
Let’s look at the top 8 agri-export commodities of India.
- Non-Basmati Rice: There are more than 1000 varieties of rice in the world out of which most of them are found in India. India exported 130 lakh metric tonnes of non-basmati rice between 2020 and 2021. This export generated revenue of ₹35 thousand crores.
- Basmati Rice: India exports nearly two-thirds of the total basmati rice that is produced in India. This is because the fine quality rice fetches a good price in the international market. Between 2020 and 2021 46 lakh metric tonnes of basmati rice were exported. This export generated revenue of ₹29 thousand crores.
- Wheat and Flour: India grows the largest number of cereals caters to a huge demand for in the global market. In 2020-2, India exported 4 lakh metric tonnes of wheat/meslin flour, rye flour, maize flour etc. This export generated revenue of ₹2382 crores.
- Miscellaneous Preparations Products: India also exports miscellaneous products such as dried soups, soft drink concentrates, ice cream, sauces, pan masala, mineral water, custard powder etc. These provide a return of ₹6389 crores.
- Fresh Fruits: India exported a large variety of fruits between 2020-21. India exported mango varieties, grape varieties, apple varieties, banana varieties and guava varieties. This export generated revenue of ₹5641 crores.
- Groundnut: India exported 6 lakh metric tonnes of groundnut in the last year. The total revenue from groundnuts was ₹5381 crores. The varieties exported were Kadiri-2, Kadiri-3, BG-1, BG-2, Kuber, T-28, T-64, Chandra, Chitra, etc.
- Fresh Vegetables: In 2020-21, India exports the largest number of vegetables. Around 23 lakh metric tonnes of vegetables were exported and the revenue generated was almost ₹5371 crores. India exported vegetables such as onion, varieties of potato, tomato, cauliflower, cabbage, peas, okra and walnut.
- Processed Fruits and Vegetables: India is one of the largest producers of dried and preserved vegetables. India exported almost 5 lakh metric tonnes of processed fruits and vegetables. This export generated revenue of ₹5149 crores.
As the agri-exports has seen a surge, the work of commission agents at various mandis across India has also increased. They need to invest more time in mandi accounting activities like bill generation, managing inventory and keeping track of payments. Understanding the concerns of commission agents in mandi accounting and turning them into opportunities, Bijak which is India’s Number 1 Agritrading App, came up with a mandi accounting solution called ChargeERP.
ChargeERP the solution
ChargeERP mandi accounting software has been designed keeping in mind the daily interactions of commission agents in agricultural mandis. It is a cloud-based accounting software introduced with the core aim of reducing the agent’s workload. ChargeERP is the easiest, fastest and most secure mandi accounting software available in India. One of the many benefits of this platform is that it can be accessed from anywhere and from multiple devices. It provides data security with end-to-end encryption. Plus, it doesn’t require any kind of technical or accounting expertise.
If you are looking to explore more about this next-level accounting software, feel free to dial +91 9311341199 or visit www.chargeerp.com, and request your free demo today. We also suggest that you follow us on Facebook for regular updates. You can also view the latest instructional videos on the ChargeERP YouTube channel.