Abstract

Agricultural exports from India have changed dramatically in recent years. Against this backdrop, the current study looked at the trend in agricultural commodity exports from India from 2000-01 to 2017-18. There was a significant growth rate in agricultural export in the last eighteen years, with wide variations between several commodity groups. The growth in the case of cotton (raw and yarn), other cereals, meat, groundnut, sugar and molasses, spices, and rice was 33.80, 21.97, 21.43, 20.32, 18.31, 16.92, and 16.45 per cent. The growth rate was low in wheat, tea, cashew, and floriculture products. The study revealed a significant increase in the share of export of rice (10.27 to 22.26 per cent), meat (5.13 to 11.90 per cent), spices (5.65 to 8.89 per cent), sugar (1.76 to 2.36 per cent) and cotton (0.77 to 4.85 per cent). The share declined in some commodities like marine products, coffee, tea, cashew, and fruits. The Revealed Comparative Advantage (RCA) was improved in the case of cotton, grapes, groundnuts, maize, potato, pineapples and rice but declined in the case of apple, coffee, cashew nuts, ginger, mangoes, oilseeds, onion, peas, tea and wheat. Price volatility discouraged farmers from investing in agriculture, compromising long-term sustainability.

Description

Indian Journal of Economics and Development 

Volume 18 No. 3, 2022, 655-663

DOI: https://doi.org/10.35716/IJED/22005
NAAS Score: 5.15 (2022)
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus (SJR: 0.18)
UGC Approved (UGC-Care List Group II)