Commerce Minister Suresh Prabhu announced that the Union Cabinet approved the Agriculture Export Policy. The policy aims at increasing India’s exports to $60 billion by 2022 from the current $37 billion. The objectives of the policy are, apart from doubling farmers’ income, to diversify the export basket and destinations, and to boost high-value and value-added exports, with a focus on perishables. The policy also aims to promote the export of novel, indigenous, organic, ethnic, traditional and non-traditional agricultural products. It also aims to provide an institutional mechanism for market access, tackling barriers, and dealing with sanitary and phytosanitary issues. Mr. Prabhu said that agriculture exports have been increased to $37 billion from $30 billion in just one year. With this policy, it aims in increasing that to $60 billion by 2022.