Volume : VII, Issue : II, February - 2017

A STUDY ON MERCHANDISE TRADE OF INDIA

Mrs. A. Amutha, Dr. D. Elango

Abstract :

 The Indian economy has gained considerable momentum over the last one decade, by achieving and sustaining an annual GDP growth rate of over 7 percent. This high growth rate can be in part attributed to the growing contribution of the export sector to the economy. The Second World War severely impacted the economic stability of many countries, however, India’s economic performance remained less affected as its GDP continued to grow at 3.5 percent per annum while the per capita income averaged at 1.3 percent per annum, a phenomenon better known as the “Hindu rate of Economic growth” and this growth rate persisted till 1979–80 (Virmani 2004).

Exports have played an increasingly important role in India’s economic growth in the last two decades. This paper analyses the performance of India’s exports and the various economic factors which have contributed to its growth. Since manufactured exports comprise a significant share of India’s aggregate (merchandise) exports, the paper also provides an overview of the export performance of two important compound growth rate and growth rate ratio.

Based on above background, the researchers made an attempt to analyze the “A Study on Export of Merchandise Trade of India” With Following Objectives.

Objectives

·          To estimate the export and import compound growth rate of merchandise trade

·         To  study the growth rate ratio of export and import  merchandise trade 

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Mrs.A.Amutha, Dr.D.Elango, A STUDY ON MERCHANDISE TRADE OF INDIA, INDIAN JOURNAL OF APPLIED RESEARCH : Volume‾7 | Issue‾2 | February‾2017

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