Dynamics of Production and Trade Scenario of Pulses in India
Published by: Admin
Authors: Naresha N and Manjeet Kaur
Abstract
India holds a prominent position in the global production of pulses, being the leading producer and consumer. The study aims to analyze the dynamics of the production and trade balance of pulses in India using the trade specification coefficient index. A comprehensive analysis of growth rates and stability in pulses production reveals an increasing trend in area, production, and productivity. There has been a consistent increasing in yield of pulses as compared to area under cultivation, indicating improved productivity over time. Instability in pulses production was found higher than area and yield during the study period. Despite fluctuations in pulses trade, with exports showing an upward trend and imports on the rise, India’s Trade Specialization Coefficient (TSC) remains negative, signifying a relative trade disadvantage due to higher imports than exports.
Keywords:
Economic growth, Structure change, Income, NDP
JEL Classification:
O4, Q1, P2