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Liberalization and Agricultural Exports of India

Shah, Deepak (2014): Liberalization and Agricultural Exports of India.

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Abstract

The study shows that the agricultural exports of India have always been fraught with high fluctuations. In spite of significant production expansions in many agricultural commodities, India’s global agricultural trade has remained at lower ebb. A lack of vision and a directionless agricultural export planning on the part of our policy planners seem to be responsible for this not so-encouraging scenario. However, it is to be further noted that though India’s share for most of the selected commodities in the total Asian and world exports encompassing them fluctuated during the past two decades, a fillip received to their exports in the wake of liberalization of policies also meant encouraging trends. Notwithstanding the dwindling India’s share of world agricultural exports, it is hoped that a regime of liberal trade policy measures will propel this country’s international market share in these commodities in future, in general. And, adoption of such international trade friendly measures is likely to benefit India’s horticultural exports, in particular. Further, though the study shows horticultural exports of India to forge ahead even in the face of wide international price fluctuations and high burgeoning demand for these high value commodities, the development of horticultural products in the country still suffers from several constraints, which are not only general but also crop specific in nature.

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