World Trade Organisation and India's Agricultural Exports

Research Paper (postgraduate) from the year 2011 in the subject Business economics - Trade and Distribution, , language: English, abstract: When World Trade Organisation (WTO) brought agricultural trade in its domain there was great expectation that trade of agricultural items will improve and masses will gain from it through greater market access and better prices particularly to the developing nations. But at the same time there was fear among the developing nations that foul play of some developed nations may have negative impact on market access and better prices for their produce. The present paper analyses the Indian concerns in this respect. It is found that the negative impact of WTO on agricultural commodities exports as it was thought is not a valid case for India. India's agricultural items have got a due respect in international market. Not only the quantity of export has increased but also there is improvement in the prices of agricultural items. Non traditional agricultural items have got greater market access and better prices followed by traditional items and items of future potential.