(With the World Bank)
The objective of this study is to analyse India´s recent and prospective agricultural trade policy from the perspective of price distortions, including the role of border taxes and quantitative restrictions and domestic price interventions (taxes and subsidies such as those applying on fertiliser and other inputs, and direct price interventions). The analysis will entail a combination of quantitative and qualitative/empirical approaches, diagnosing the extent to which distortions in the incentive structure affect producers’ incentives and their potential impact on trade, particularly exports, etc.
Presentations of preliminary results of this study were made in OECD, Paris as well as at the International Conference of Agriculture Economics in Milan.
Along with research and capacity building of researchers, an important element of this strategy is to disseminate results of the research and to engage with various stakeholders including top bureaucracy and the ministers concerned.
Price Distortions in Indian Agriculture: Nature, Degree and Policy Implications