Viksit Bharat 2047: India's Strategic Approach in Balancing Trade Competitiveness and Farmer Welfare at the WTO

Authors

  • T. Rajesh Professor PG Department of Commerce Government College Nedumangad Thiruvananthapuram
  • Sony Kuriakose Assistant Professor Nirmala College, Muvattupuzha
  • Anu Jossy Joy Assistant Professor and Head Nirmala College, Muvattupuzha

DOI:

https://doi.org/10.33516/maj.v59i11.92-97

Keywords:

No Keywords.

Abstract

The liberalization of global agricultural trade under the World Trade Organization (WTO) has been a contentious issue for developing countries like India. Faced with structural imbalances and asymmetries in the Agreement on Agriculture (AoA), India's policy responses have been pivotal in protecting the interests of its agricultural sector and ensuring food security. The Narendra Modi-led Indian government took a strong stance during the 13th WTO Ministerial Conference (MC13) in Abu Dhabi to protect Indian farmers, even at the cost of diplomatic friction with developed nations. India, while safeguarding its domestic agricultural interests, defended its farmer-friendly policies against the demands of developed countries for reducing domestic support. This study will examine India's evolving role at the WTO, focusing on rice export ban as well as the broader strategic implications for balancing trade competitiveness with farmer welfare.

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Published

2024-11-22

How to Cite

Rajesh, T., Kuriakose, S., & Joy, A. J. (2024). Viksit Bharat 2047: India’s Strategic Approach in Balancing Trade Competitiveness and Farmer Welfare at the WTO. The Management Accountant Journal, 59(11), 92–97. https://doi.org/10.33516/maj.v59i11.92-97

Issue

Section

Viksit Bharat

References

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NAAS (2021). “WTO and Indian Agriculture: Issues, Concerns, and Possible Solutions”. Policy Paper No. 102, National Academy of Agricultural Sciences, New Delhi, pp24

Sharma, S.K., Lahiri, T., Neogi, S., Akhter, R. (2021) “Revisiting domestic support negotiations at the WTO: Ensuring a level playing field”. The Journal of International Trade & Economic Development. https://doi.org/10.1080/09638199.2021.1967429

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