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Talks are on to give incentives to cover likely losses incurred by the farmers involved in organic farming and an announcement could be made in the upcoming budget, officials said. Finance minister Nirmala Sitharaman will present the budget for 2025-26 next month.
The exercise is part of the rework of the 2018 Agriculture Export Policy that had aimed at $60 billion agri exports by 2022 and $100 billion thereafter but the target remains unachieved with India's overall farm exports expected to cross only $50 billion in FY25.
«Fertiliser prices are rising and there are concerns related to MRL and health issues. Discussions are going on if new incentives can be given to cover the initial loss incurred in natural and organic farming,» said an official.
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