Indian Economy and the WTO : Challenges and Strategies

Contents: Preface. 1. India and the World Trade Organization. 2. WTO and implications for Indian economy. 3. WTO agreement on Indian agriculture and its implications. 4. Issues, challenges and opportunities of WTO and India. 5. WTO and Indian dairy. 6. Impact on small scale industries in India and WTO. 7. Indian non-agricultural market and WTO. 8. Developing countries, India and WTO. 9. Growing importance of services sector for India. 10. Trade management: WTO and India. Bibliography. Index.

"The Indian economy has grown rapidly over the past decade with real GDP growth averaging some 6% annually, in part due to the continued structural reform including trade liberalization, according to a WTO secretariat report on the trade policies and practices of India.

India is a founder member of the General Agreement on Tariffs and Trade (GATT) 1947 and its successor the World Trade Organization (WTO) which came into effect on. 1.1.95 after the conclusion of the Uruguay Round (UR) of multilateral trade negotiations. The WTO is a multilateral trade body, which puts together the rules for global trade. India, as one of the important members, has played a significant role in the trade negotiations since the WTO came into being.

The book is a deliberate effort to discuss the Indian economy in tune with WTO in a broader perspective." (jacket)