Insta
Govt To Establish Dedicated Exports Promotion Council To Promote Ayurvedic Exports
Swarajya Staff
Dec 07, 2020, 11:45 AM | Updated 11:45 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
In a big push for the nation's booming ayurvedic products sector and its exports, the Government is exploring the establishment of a dedicated AYUSH Export Promotion Council (AEPC) as a joint initiative of the Ministry of AYUSH and Ministry of Commerce and Industry, reports Livemint.
The development comes as after the Government is said to have realised the potential of AYUSH products in the global market after these products gained immense popularity amidst covid-19 pandemic. The Government is now looking to tap on the demand and push exports from the sector. The Government is likely to house the proposed council at the Ministry of AYUSH.
As a priority step to push exports from the sector, the Government is considering the standardisation of HS codes related to export. Also, the Ministry of AYUSH will work in collaboration with the Bureau of Indian Standards (BIS) to develop international standards for the sector's products and services.
Union Minister for AYUSH Shripad Naik had said, "There is a growing global interest in AYUSH- based solutions for disease resistance and treatment during the difficult times of the Covid -19 pandemic. The trade and commerce in the AYUSH Sector needed to upscale quickly to meet the growing demands from India and abroad, and to serve the larger number of people who are now looking up to these systems for maintaining their health."
Union Minister for Commerce and Industry Piyush Goyal had also stated that the spurt in exports of AYUSH products in recent months is a direct reflection of their growing popularity in many countries.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.