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Asian Journal of Research in Business Economics and Management
Year : 2012, Volume : 2, Issue : 9
First page : ( 197) Last page : ( 207)
Print ISSN : 0000-0000. Online ISSN : 2249-7307.

Globalization and India's agricultural export: Performance and prospects

Dr. Khurud V. B.*, Dr. Khurud B.S.**

*Agricultural Officer, Bank of India, Nipani, Chikodi, Belgaon, K.A.

**Associate Professor and Head, Department of Economics, Arts, Science and Commerce College, Rahuri, Ahmednagar, M.S.

Online published on 7 September, 2012.

Abstract

The government of India introduced a series of reforms to liberalize the Indian economy beginning mid-1991 and became a member of WTO in 1995. After the formation of WTO, many trade related agreements were signed including the Agreements on Agriculture (AOA). The AOA aimed at dismantling trade barriers in the agriculture sector. The present article aims at evaluating the impact of new economic reforms and WTO agreement on the export of agricultural products from 1990–91 to 2010–11. The study reveals that during first and second decades of liberalization, the agricultural export recorded lower growth rate as compared to India's total export.

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Keywords

Agri-Export, Total Export, New Economic Reforms, AOA, WTO, CSO, APEDA.

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