WORLD TRADE ORGANISATION’S AGREEMENT ON AGRICULTURE AND ITS IMPACT ON THE INDIAN AGRICULTURE

Authors

  • Kavya Lalchandani 2nd Year BBA LLB Student, National Law University Odisha Author
  • Tanay Mishra 2nd Year BBA LLB Student, National Law University Odisha Author

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Abstract

Indian Economy is primarily an agrarian economy and is consequently heavily dependent on agriculture for its major consumption. India is not only heavily dependent on agriculture, but also its contribution to the Gross Domestic Product (GDP) and consequently Gross National Product (GNP) is significant. 

As per the data, till July 2017, agriculture contributed more than 18% of the GDP which is about 3897.32 Billion INR. More important is the fact that it is the largest employment generator and provides employment to more than 50% of the Indian Population. More than 70% of the rural households are dependent on agriculture for their living. Various industries are also dependent on agriculture for the raw materials required by them. 

The plight of the farmers in India is already known to the international markets as it has gained sufficient international media attention. The farmers suffer from various problems like that of unpredictable weather conditions, price volatility at both international and national level, and great level of indebtness.  

Published

08-12-2017

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Copyright © 2026 by Kavya Lalchandani, Tanay Mishra

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How to Cite

Kavya Lalchandani, and Tanay Mishra. “WORLD TRADE ORGANISATION’S AGREEMENT ON AGRICULTURE AND ITS IMPACT ON THE INDIAN AGRICULTURE ”. Journal of Legal Studies & Research, vol. 3, no. 6, Dec. 2017, pp. 158-66, https://journal.thelawbrigade.com/jlsr/article/view/2039.