The Agricultural and Processed Food Products Export Development Authority (APEDA) signed a Memorandum of Understanding (MoU) with National Research Development Corporation (NRDC). The aim of this MoU is to give a boost to the export value chain
|Utility: UPSC, JPSC, BPSC Prelims & Mains
Section: Economic Geography | Economy / Primary Sector
- The MoU has been signed for the implementation of the Agri Export Policy and to strengthen the export value chain.
- The MoU’s mandate is to infuse and disseminate technologies jointly with APEDA in the areas of climate-resilient agriculture related to zero carbon emission farming to produce residue/carbon-free food for exports.
- The key areas of cooperation include:
- developing and improvising farm machinery for low cost,
- user-friendly and energy-efficient tools for small-scale farmers,
- promoting and supporting Agri Start-ups associated with the NRDC Incubation Centre (NRDCIC) for engagement in agri-exports and
- strengthening of the Startup ecosystem and nomination of expert resources of NRDC/APEDA for mutual knowledge sharing.
The Agricultural and Processed Food Products Export Development Authority (APEDA)
- The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act, 1985.
- It functions under the Ministry of Commerce and Industry. The Authority has its headquarters in New Delhi.
- NRDC is an enterprise of the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, Government of India.
- It was established in 1953 with the primary objective to promote, develop and commercialize technologies, know-how, inventions, and patents.
- It has licensed the indigenous technology to more than 4800 entrepreneurs and helped to establish a large number of small and medium-scale industries.
- NRDC has also successfully exported technologies and services to both developed as well as developing countries.