Project Report On "Impact of Wto Agreement On Indian Agriculture"

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PROJECT REPORT ON IMPACT OF WTO AGREEMENT ON INDIAN AGRICULTURE

MASTERS OF COMMERCE IN MANAGEMENT SEMESTER I 2013-2014

Submitted by NIKITA GOBINDRAM MULANI Roll No.34

Under The Guidance Of Prof. MONY ALEX

Smt. Chandibai Himatmal Mansukhani College Ulhasnagar -421003

UNIVERSITY OF MUMBAI

PROJECT REPORT ON IMPACT OF WTO AGREEMENT ON INDIAN AGRICULTURE Masters of Commerce In Management Semester 1

Submitted In Partial Fulfillment of the requirements For the Award of Degree of Masters in Management By NIKITA GOBINDRAM MULANI Roll No. 34 Smt. Chandibai Himatmal Mansukhani College Ulhasnagar -421003

UNIVERSITY OF MUMBAI

Smt. Chandibai Himathmal mansukhani College

De partme nt of Comme rc e

Certificate
This is to certify that Ms. Nikita Mulani of M.Com PartI (Sem.-I) has Successfully completed the project titled IMPACT OF WTO AGREEMENT ON INDIAN AGRICULTURE Under my guidance for the academic year 2013-14. The Information submitted is true and original as per my knowledge.

_______________________ (Prof. Mony Alex ) Project Guide (Internal)

__________________________ (Prof. ) Project Guide (External)

______________________ Prof. Gopi Shamnani Course Co-ordinator (M. Com)

_________________________ Dr. (Mrs.) Bhavana Motwani Principal

DECLARATION

I NIKITA GOBINDRAM MULANI the student of M.Com in Management Semester 1 (2013 2014) hereby declare that I have completed the Project on IMPACT OF WTO AGREEMENT ON INDIAN AGRICULTURE

The information submitted is true and original to the best of my knowledge

Signature (NIKITA MULANI)

ACKNOWLEDGEMENT

I thank the Almighty God for his shower of blessings. I thank my Prof. Mony Alex for her able guidance without which it was not possible for me to complete this project. I thank her for the valuable time for support and guidance. I would like to thank Ms. Sharmila kank for her valuable support in organizing the material in presentable manner. My deepest gratitude to all the persons who helped me directly and / or indirectly in my project work.

Nikita Gobindram Mulani.

EXECUTIVE SUMMARY
The Objective behind choosing the topic IMPACT OF WTO AGREEMENT ON INDIAN AGRICULTURE for the project report is to know about the agreement on agriculture. Trade in agriculture got its due recognazation under WTO. Increase in market access by agreement on agriculture was supported through tariff reduction, export subsidies, domestic support. The Aim of project report is to know the policy reforms of agreement on agriculture. The changes taking place in agriculture sector, the present & future scenario of agriculture sector. The AOA under WTO was expected to liberalize trade in agriculture. Developing countries opened up there markets more than rich countries. Liberal trade in food grains was to eliminate problems associated with food securities. Developing countries will find it very difficult to open up there markets as expected by WTO as they fear of developed countries may sell there agricultural products at low price by subsidizing them. Such a situation may create serious economic problems for small & marginal farmers of the poor countries. The project report includes trade reform policies, Indias commitments, issues of intrest to developing countries, imbalances in agreement, reduction of subsidies, proposals for modalities. Liberal trade approach under WTO has its positive impact. However both developed & developing economies require to adhere to the principles of AOA under WTO to promote trade in agriculture. Greater co-operation from the advanced countries is essential to have an increased market Access for agricultural goods

OBJECTIVES
To study literature with reference to WTO. To assess certain agreements of WTO like TRIPS, TRIMS. To conduct impact of WTO agreement on Indian agriculture & production. To make interpretation of WTO & its impact on Indian Economy. To know about policy reforms, policy initiatives & changes in agriculture sector. To know about the present & future scenario of WTO agreement on agriculture.

RESEARCH METHODLOGY
The Methodology has been used for the collection of data regarding impact of WTO agreement on Indian agriculture. The project report does not include primary research. Whereas secondary research includes various books, journals, websites & Emagazines.

INDEX
Sr. No 1. Contents
IMPACT OF THE AGREEMENT ON AGRICULTURE ON THE INDIAN ECONOMY INDIAN AGRICULTURAL SCENARIO

Page No. 01

2.

Indian Agriculture and the WTO: A developing country perspective

02

3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13.

Impact on Indian Agriculture Coping Strategies Trade reform policies Silent Features Indias commitment Reduction or Eliminations of subsidies by Proposals for modalities on negotiations in AOA Limitations Findings Conclusion Bibliography / Weblography

03 06 10 13 15 30 36 43 43 44 46

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