The Indian Policy Response :: India Trade Globalization Agriculture Essays

The Indian Policy ResponseSocio-economic implications of Globalization in India - What India wants from WTO - What is required of India by WTO - Analysis of polity response in dickens crucial beas Agriculture and Pharmaceuticals. An ethical framework covering the issues that are discussed and a common policy response is suggested. In the early nineties, India embarked full zip up on a path of liberalization and globalization by trim d avow trade barriers and non-trade barriers alike, demolishing the existing quota-licensing regime. As a logical clapperclaw in that process, it joined the WTO in 1994 at the end of Uruguay round of talks. study changes in existing laws and enacting new laws had become imperative to comply with the WTO agreement. only if substantial resistance to the acceptance of the WTO regime have erupted in areas of Agriculture, Pharmaceuticals. India as a founder of the ITA (Information technology Agreement) under the aegis of WTO has significant advantages as well as some critical obligations. This paper analyses the moral arguments of the policy response to these critical issues and attempts to synthesize a common position establish on ethical perspectives. Agriculture Before we discuss the policy imperatives of the WTO response, a brief background on the nature and state Indian market-gardening is necessary. Indian economy is agrarian in nature where nearly 70% of the population is dependent upon agricultural income. At the lower end of this strata are the vast majority of poor give rise labourers who do not own the set down but work in the fields and farms to earn their livelihood. In the middle layer, we have a large outlet of marginal land owners and runty farmers who labour as well as employ otherwise labourers to produce. In the higher end there a small number of large farmers and farm corporations who employ mechanised as well as very labour intensive farming. The politically powerful lobby of vast farmers utilize powe r, irrigation and fertilizer subsidies of the government at the same level as the small farmers. The number of crops produced by this huge agricultural base is trammel comparative to the other developed countries, because of various historical and climatic conditions. Since the culture is labour intensive and most of the farming is done by small farmers owning small land tracts, the productivity is low and costs are high. bit some states subsidize power and irrigation, the central government provides fertilizer subsidies and procures the farm products at minimum support prices to supply poor urban consumers to visualize food security through a Public Distribution System.