Explore Business Standard
Don’t miss the latest developments in business and finance.
In the backdrop of a fall in agricultural export in recent years, the central government has a plan to raise these from the northeast region (NER) to neighbouring countries.The eight states in this category -- Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim -- contribute three per cent of India's gross domestic product. Barely one per cent of the regions's agri output is exported, with a lack of infrastructure for long-term storage.A plan prepared by Hyderabad-based Sathguru Management Consultants suggests the respective state governments tap the markets in Bangladesh, Nepal, Bhutan and Myanmar, beside Southeast Asia and other countries. The study was commissioned by the Centre's Agricultural and Processed Food Products Export Development Authority (Apeda)."The NER possesses an ocean of opportunity, resources and unexplored potential when it comes to agriculture. The region possesses several comparative advantages like fertile soils, favorable ...