Given below are two statements : 

Statement I : Taking advantage of the increased demand for staples during the COVID-19 pandemic. India's agricultural exports continued to do well in 2021-22

Statement II : Like in the year 2020-21. segments like marine products. buffalo meat, tea, coffee and dairy products continued to perform poorly in terms of exports from India in 2021-22

In the light of the above statements, choose the correct answer from the options given below:

This question was previously asked in
UGC NET Paper 2: Economics 8 Oct 2022 Shift 2
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  1. Both Statements I and Statement II are true
  2. Both Statement I and Statement II are false 
  3. Statement I is false but Statement II is true
  4. Statement I is true but Statement II is false

Answer (Detailed Solution Below)

Option 1 : Both Statements I and Statement II are true
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UGC NET Paper 1: Held on 21st August 2024 Shift 1
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Detailed Solution

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The correct answer is Both Statements I and Statement II are true.Key Points India's Agriculture sector in post COVID-19 era

  • India's agricultural exports have continued to grow, driven by strong demand both domestically and internationally.
  • There was an increased demand for staple foods, and as a result, India's agricultural exports have continued to do well in the post-COVID era.
  • Rice, pulses, spices and fruits & vegetables are major goods which export increased significantly.
  • India has been an agricultural surplus-producing country so India also helped various countries with its agricultural goods like Bangladesh, UAE, Iran, South Africa and some other African countries.
  • Some segments of India's agricultural sector have seen growth in exports in the post-COVID era, while others have continued to perform poorly. This includes marine products, buffalo meat, tea, coffee, and dairy products.

Additional Information Wheat Donor in post COVID era

  • India has also been a major donor of wheat to other countries in the post-COVID era, particularly to countries in need of food assistance like Afghanistan, Bangladesh, Shri Lanka, Nepal and African countries.
  • India has a large surplus of wheat and has used this surplus to support countries that have been impacted by food shortages.

 

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