India has recently emerged as a significant agri-exporter. Examine. What are the challenges that Indian agricultural trade is facing today. Suggest measures to check it.
Answer: Indian agriculture sector contributes 17% to the country gross value added (current price). It provides employment to 54.6 per cent of the working population. Thus, agriculture sector provides livelihood to about 50% of India's population.
With respect to trade, India has emerged as a significant agri-exporter in crops like, rice, cotton sugarcane, cashew nut, castor seed and groundnut. As per WTO's Trade Statistics, the share of India’s agricultural export and import in the world agricultural trade in 2017 stood at 2.27% and 1.90% respectively.
Moreover, agricultural expert in share of agricultural GDP has increased from 8.71% to 9% in ....
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