Current Affairs - Economy - Discussion

The SBI report highlights a significant boost to India’s agricultural exports to the United States, with 75% of export items now receiving zero-tariff access. This improved tariff framework enhances price competitiveness and expands market opportunities for Indian exporters. Agricultural products worth over $1 billion are assured zero reciprocal tariff benefits, strengthening India’s existing $1.3 billion trade surplus in agri-trade with the US. Key beneficiary sectors include rice, fisheries, tea, coffee, and spices. The move is expected to increase export volumes, improve price realisation, and support farmers and rural income growth through better global market integration.