INTERNATIONAL JOURNAL OF CURRENT RESEARCH
International Journal of Current Research
Vol. 3, Issue, 10, pp.066-070, September, 2011
ISSN: 0975-833X
RESEARCH ARTICLE
IMPACT OF W.T.O ON INDIAN AGRICULTURE: PERFORMANCE AND PROSPECTS
*Sheshagiri, B., **Honkan, G. G. and ***Dr. L. D. Vaikunthe Doctoral Fellow, Department of Economics, Karnatak University, Dharwad – 03. Fellow, Department of Economics, Karnatak University, Dharwad – 03. *** Professor & Chairman, Department of Economics, Karnatak University, Dharwad – 03 .
**Post-Doctoral * ICSSR
ARTICLE INFO
Article History:
Received 4th June, 2011 Received in revised form 19th July, 2011 Accepted 29th August, 2011 Published online 17th September, 2011
ABSTRACT
Indian is no exception to these general trends, with a few special features. During last two decades India’s agricultural exports as a part of total merchandise exports have continued to decline from the preponderant position they occupied in the pre-independence. But with the achievement of self-sufficiency in food grains and some other major agricultural commodities, which used to account for large portion of import bill, overall imports of agricultural commodities have sharply declined. The outlay on agricultural imports as a proportion of earnings from agricultural exports has progressively declined, and all the balance has become progressively more favorable. Discussion on these issues has, naturally, to take into account the new trade regime as the stated objective of firstly to study the performance of India’s agricultural exports under WTO regime. secondly, to analyze the competitiveness of top agri-exports of India under WTO regime. Finally, to suggest policy measures in the identified India’s agricultural. In the first part of discuss briefly introduce, the developments in agricultural trade specially the agricultural exports at the world level in the recent years and discuss the
References: Aleandros, Nicos, 1993. Agriculture: Towards 2010, Rome: Food and Agriculture Organization of United Nations. Astha Ahuja. “Agricultural and Rural development in India PostLiberalization Intitiatives”, New Century Publications, New Delhi, India, pp.78-85. Bansil, P.C 1999. Demand for Food Grains by 2020 A.D, Observe Research Foundation, New Delhi. Deepika, M.G. and R.S.Deshpande, 2003. Trade Policy and Determinants of Trade in Agriculture. Working Paper No.18, Bangalore: Institute for Social and Economic Change. Deshpande R.S. 2003a. AOA: Inertia from Uruguay to Cancum via Doha, Monthly Economic Digest, Vol. 32(8). Gulti, Ashok and Anil Sharma, 1994. Agriculture under GATT: What it holds for India”, Economic and Political Weekly, Vol. 39, No, July 16, pp.1857-1863. Ruddar Dutt, Sundaram K.P.M, 1999. Indian Economy”, S.Chand and Company Ltd, New Delhi. Rao,C.H.Hanumantha, 1994. Agricultural Growth, Rural Poverty and Environmental Degradation in India. Oxford & IBH Publishing Co. Pvt. Ltd. New Delhi. Rao,C.H. Hanumanth and Ashok Gulti, 1994. Indian Agriculture: Emerging Perspective and Major Policy Issues, International Food Policy Research Institute (IFPRI), Washington, D.C., U.S.A. (mimeo). Vyas, V.S. 1994. Agricultural Price Policy: Need for Reformulation”, in G.S.Bhalla (Ed.) (1994), Economic Liberalization and Indian Agriculture, Institute for studies in Industrial Development, New Delhi. World Trade Organization, 1998. India Should Keep up with its Trade Reforms to Ensure Strong Economic Growth, Press Release, April.