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Published in:

Volume 7 Issue 3
March-2020
eISSN: 2349-5162

Unique Identifier

JETIR2003259

Page Number

1811-1816

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Title

AN ECONOMIC ANALYSIS OF GROWTH OF AGRICULTURAL TRADE ON SPICES IN INDIA

ISSN

2349-5162

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"AN ECONOMIC ANALYSIS OF GROWTH OF AGRICULTURAL TRADE ON SPICES IN INDIA ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 3, page no.1811-1816, March-2020, Available :http://www.jetir.org/papers/JETIR2003259.pdf

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Abstract

ABSTRACT In today world one country depends upon another country. The agriculture trade is vital role to play in the economic development of a nation. It is the dominant sector of Indian Economy, which determines the growth and sustainability. About 70 per cent of rural households and eight per cent of urban households are still principally dependent on agriculture for employment. India has the largest domestic market for spices in the world. The 109 varieties of spices listed by the International Organization for Standardization (ISO), the country produces more than 65. Hence, these research paper major objectives are analyzing the imports of spices for agricultural commodity during the period of 1991-2014; to examine the exports of spices for agricultural commodity during the period of 1991-2014. This study uses of secondary data from Director, General of commercial intelligence and statistics, ministry of finance and Government official websites. The study has covered a period of 24 years from 1991 to 2014. The main research is choosing this period because India has implemented the New Economic Policy in the year 1991. In this paper found that in the year 1984 import of spices was Rs. 75.72 crores and it increased in the year 2014 Rs. 2869.96 corers. This study also found that in the year 1991 export of spices was Rs. 233.21 corers and it increased in the year 2014 Rs. 15981 crores. This present study is given valuable suggestions to the government as well as traders to improve the trade of spices in India.

Key Words

Trade, Spices, Export and Import, Economic Growth.

Cite This Article

"AN ECONOMIC ANALYSIS OF GROWTH OF AGRICULTURAL TRADE ON SPICES IN INDIA ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp1811-1816, March-2020, Available at : http://www.jetir.org/papers/JETIR2003259.pdf

Publication Details

Published Paper ID: JETIR2003259
Registration ID: 217207
Published In: Volume 7 | Issue 3 | Year March-2020
DOI (Digital Object Identifier):
Page No: 1811-1816
ISSN Number: 2349-5162

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Cite This Article

"AN ECONOMIC ANALYSIS OF GROWTH OF AGRICULTURAL TRADE ON SPICES IN INDIA ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp1811-1816, March-2020, Available at : http://www.jetir.org/papers/JETIR2003259.pdf




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