ASSESSING GROWTH PROSPECTS OF AGRICULTURAL EXPORTS IN INDIA

Abstract

The study aims to assess the trend and growth of India’s agricultural export in the post reform period and examine export competitiveness of Indian agricultural products in the post reform period. Balassa’s Revealed Comparative Advantage (BRCA) Index is employed to assess the competitiveness of Indian agricultural exports. The results indicate that growth rate of agricultural exports has significant fluctuations during the period of study. The share of agriculture in India’s total exports has increased marginally from 14.07% to 14.20% showing high volatility during the study period. India enjoys strong comparative advantage in agricultural exports during the period of study. The competitiveness has declined in cotton and coffee, Tea, mate and spices whereas it increased in rice and tobacco in 2020 than in 2001.

Keywords: Agricultural Export, Growth Prospect, Export competitiveness, Comparative Advantage