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India is an agrarian economy with around 60 per cent of its population directly or indirectly depend upon agriculture and allied activities. But, this sector is often attributed as gambling and natural calamities as monsoon. The failure of these monsoons leading to a series of droughts, lack of better prices, exploitation by middlemen, all of which have led to severe indebtedness of the farming community. In the recent era, the increase in cost of production ...
Several recent studies on the causes of poor performance of agriculture, often relate to WTA and its likely adverse implications against promise. It is also a fact that WTO agreements are now a reality and these agreements can only be modified. The global scenario in future is going to become more competitive and the pressure for liberalization of Indian domestic market would also grow. In this context, it is thought appropriate to critically analyze the ...