Overview for Trade Liberalisation, WTO and Indian Agriculture: Experience and Prospects
This book is an outcome of the series of research studies undertaken by the author on the theme of WTO, Trade Liberalisation and Indian Agriculture during the last six years. The book compares trade performance and trade flows of agricultural commodities in pre and post WTO period to find the impact of Uruguay Round Agreement on Indiaâ€™s agricultural trade. The author presents indepth analysis of behaviour of international prices and discusses implications of volatility in international prices for domestic agriculture under liberalised trade. The book explains the role of WTO and cyclical nature of international prices in affecting Indian agriculture and its competitiveness. Contentious issues in trade and in implementation of Agreement on Agriculture (AOA) and strategy for future negotiations are discussed in detail. The author emphasizes changes in domestic infrastructural, institutional and legal framework to improve competitiveness of Indian agriculture and its capability to face the threats and opportunities thrown by the new trade agreement. The book presents factual position relating to global agricultural trade before and after WTO and broad issues concerning developing countries. Issue of food security in relation to trade liberalisation has been addressed separately. Policy conclusions and future strategy for adjusting to post WTO situation are presented towards the end.
Ramesh Chand (Author)
Dr. Ramesh Chand (b. 1956) obtained his Ph.D. in Agricultural Economics from Indian Agricultural Research Institute, New Delhi, in 1984. He has been presented with Jawaharlal Nehru award for outstanding research contribution of his doctoral thesis. At present he is Principal Economist at National Centre for Agricultural Economics and Policy Research, of the Indian Council of Agricultural Research, New Delhi. His current research interest includes agricultural policy, demand, supply and trade. He was earlier Professor of Marketing at Punjab Agricultural University, Ludhiana; Reader at Institute of Economic Growth, Delhi; Associate Professor at Y.S. Parmar University of Horticulture and Forestry, Solan; and Agriculture Economist at National Bank for Agriculture and Rural Development, Mumbai. He has been consultant to World Bank and FAO, ESCAP, ICRISAT; Indian Institute of Foreign Trade and G
overnment of Punjab. Dr. Ramesh Chand has served as member of high power committees, expert groups, working groups constituted by various government organizations. He has published articles in many national and international journals like American Jn. Of Agril. Economics, Economic and Political Weekly, Indian Jn. Of Ag. Economics, Experimental Agriculture. He is the author of several monographs and following books: (i) Agricultural Development, Price Policy and Marketed Surplus in India (ii) Agricultural Diversification and Development of Mountain Regions. (iii) Agricultural Diversification in India. He was the Chief Editor of the journal Agricultural Economics Research Review (1998-2000) and Visiting Professor to University of Wollongong, NSW, Australia (2000).