UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 11 | Issue 5 | May 2024

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 5 Issue 8
August-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIR1808257


Registration ID:
186618

Page Number

712-726

Share This Article


Jetir RMS

Title

Impact of the WTO Regime on Indian Agricultural Trading Commodities

Abstract

Agriculture remains the back bone of societies since ages and histories, and it is of no difference in case of India. Though it is declining, agricultural sector comprised around 50% of India’s GDP in the early 1950’s. Today around 17% of India’s GDP (India’s GDP is US $ 2.545 trillion) is from agricultural sector and 55% of total employment comes from agricultural sector. About 70% people directly or indirectly depends on it and about 43% of India’s total land is covered by agricultural sector. India became self sufficient in Food grain production decades after independence. It is now producing around 280 million metric tons of food grains in the world and ranks first in many major agricultural food crops in the world. But after liberalization phase started in the world with WTO( 1st Jan 1995) and AOA many thing has dramatically changed in agricultural sector of India, for example, Total yield or Output, Farm Pattern, Agricultural Infrastructure, Annual Compound Growth rate in Production & Export, Imports, Prices of major agricultural food and non food materials, Export Competitiveness, quantitative restrictions, tariff & non tariff barriers , export subsidy, domestic support, sanitary & Phyto sanitary measures, Geographical Indication, Trade related intellectual property rights etc. WTO which has replaced GATT (general agreement on trade & tariff 1947-1994) was established for multilateral trade agreements among nations is committed to Free trade, Non discriminations in trade, Removal of Quantitative Restrictions, non tariff barriers between nations and free & fair competitions in trade among nations. India who is a founding member among 162 member nations of WTO, maintaining and obeying most of the clauses related to developing nations in WTO charters. Our study have looked into the norms and rules of WTO, how far India has followed those rules and what are the consequences has happened to India’s agricultural trade since WTO and a comparison between the pre & post WTO era in trading of Indian agricultural commodities. And our Findings in this small study is that India has benefitted in many extent in agricultural trade the post liberlisation or post WTO period and trade indicators are positive in many extent. This thing has surfaced many issues that may be taken for study and research

Key Words

WTO, AOA, Market Access, Domestic Support, Trade, Agricultural Commodities, Import & Export growth

Cite This Article

"Impact of the WTO Regime on Indian Agricultural Trading Commodities ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 8, page no.712-726, August-2018, Available :http://www.jetir.org/papers/JETIR1808257.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Impact of the WTO Regime on Indian Agricultural Trading Commodities ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 8, page no. pp712-726, August-2018, Available at : http://www.jetir.org/papers/JETIR1808257.pdf

Publication Details

Published Paper ID: JETIR1808257
Registration ID: 186618
Published In: Volume 5 | Issue 8 | Year August-2018
DOI (Digital Object Identifier):
Page No: 712-726
Country: District: Darjeeling PIN 734006 West Bengal Mobil, WEST BENGAL, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

0002895

Print This Page

Current Call For Paper

Jetir RMS