COMPETITIVENESS OF INDIAN AGRICULTURE IN THE CONTEXT OF GLOBALIZATION

Abstract

With the signing of GATT agreements it was believed that the developing countries would get better market access to sell their goods in the developed countries. As the produce of poor farmers of developing countries would get larger market access, it was also expected that expansion in market size for the agricultural products would lead to greater demand and this would further ensure better prices for their products. But at the same time many scholars also pointed out the probable adverse effects of globalisation on Indian agriculture. With this study, an effort has been made to analyse the competitiveness of Indian agriculture in the context of liberalisation. Along with this basic objective, the magnitude and trend of Indian agricultural exports and imports has also been analysed in this study