CHAPTER 13

Foreign Trade in Agri-goods

India has a large and diverse agricultural sector and is one of the world’s leading producers of wheat, rice and number of horticulture produce. It is also a major consumer, with an expanding population to feed. For this reason and because of its agricultural and trade policy, its presence in the world market has been modest in relation to the size of its agricultural sector. India has been a consistent but small net exporter of agricultural products. However, since the 1990s, there have been many changes in its agriculture and trade policies and significant changes in its net trade position for many individual products. Given the size of the Indian agricultural sector, changes in its balance sheets for ...

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