How can relaxing export rules for agarwood benefit Indian farmers
CITES has eased the export of agarwood from India, how can this move benefit lakhs of farmers in the country?
- Increased revenue: Easing export rules for agarwood allows Indian farmers to sell their produce in the international market, leading to a rise in revenue for them.
- Market expansion: Access to more markets due to relaxed regulations can help Indian farmers reach a larger customer base, leading to increased sales.
- Higher prices: With higher demand for agarwood in the global market, Indian farmers can command better prices for their products, resulting in increased profits.
- Employment opportunities: The growth of the agarwood industry can create more employment opportunities for farmers and others involved in the cultivation and harvesting process.
- Technological advancements: More investment in the agarwood sector can lead to the introduction of better farming techniques and technologies, further benefiting Indian farmers.
Answered
9 months ago