Trade Liberalisation and its impact on Agricultural exports of India

Indian Economy is passing through a golden phase of economic development, where liberalisation,Privatisation and Globalisation (LPG)is creating both challenges and opportunities for production and export of commodities. Agriculture and allied sectors are identified as potential for export and lucrative sector for earning foreign exchange. The product like, tea, coffee, speices, marine products and other allied products are identified as potential sector for production, employment and exports.It is also observed that the benefits of trade liberalisation has not been percolated to many sectors of the Indian economy, and the policy level still bureaucratic process and other administrative roles plays a significant role in producing and exporting those commodities which help in getting more foreign exchange without affecting food security in India.

Autorentext

Dr. Surath Nayak, presently working as faculty member and HOD, P.G Department of Economics, Dr.S.R.K Govt.Arts College(Pondicherry Universiety), Yanam, U.T of Puducherry. He obtained his M.A, M.Phil and Ph.D in Economics, at Central University of Hyderabad, India.The author is thankful to UGC for awarding NET-JRF/SRF for carrying out this research.