Trade and commerce, agriculture products & biotechnology in India: Issues and challenges
Agriculture is the principal source of livelihood for more than 58% of the total population of the country but its share in GDP was only 17.4% in 2015-16. India is world’s second largest producer of fruits and vegetables. India accounts for 7.68% of total global agricultural output. Despite this, share of agriculture and allied sector in country’s GDP is declining. The present paper aims to trace the major impediment in the trade and commerce of agriculture products and several other issues that has been involved in this like food processing, trade policy and ethical issues involving biotechnology. All these issues has certain advantages and disadvantages too. This paper covers both aspects as well as the challenges that this sector is currently facing.
Sarvesh Singh. Trade and commerce, agriculture products & biotechnology in India: Issues and challenges. International Journal of Advanced Research and Development, Volume 2, Issue 5, 2017, Pages 321-323