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100 _aSingh, Ram and Pipil, Dhriti Mukherjee
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245 _aMinimum export price’ caps on agricultural exports - A redundant policy instrument?
260 _aEconomic and Political Weekly
300 _a58(17), Apr-29, 2023: p.20-23
520 _aThe policymakers in India have constantly endeavoured to promote agricultural exports; however, certain agricultural products have been subject to extensive use of export restrictions as well. In this context, the article attempts to appraise the various trade policy instruments with special reference to “minimum export price” and examine how it has become a redundant trade policy tool. The case of onions is used to elucidate the exorbitant misuse of MEP by unscrupulous business fi rms and suggests a road map for policy reforms. Agriculture has been an integral part of the Indian economy for centuries. Despite the rapid growth of other sectors, it continues to be the primary source of livelihood for a majority of the country’s population (Mathur et al 2006). India is the world’s second largest producer and 10th largest exporter of agricultural products. – Reproduced
773 _aEconomic and Political Weekly
906 _aAGRICULTURAL TRADE
942 _cAR