Indian millets trade potential-cum-performance: Economic perspective

PARDEEP SINGH; KASHISH ARORA; SUNNY KUMAR; NAMAMI GOHAIN; RAMANDEEP KUMAR SHARMA

doi:10.56093/ijas.v93i2.126900

Authors

PARDEEP SINGH Punjab Agricultural University, Ludhiana, Punjab 141 004, India
KASHISH ARORA Punjab Agricultural University, Ludhiana, Punjab 141 004, India
SUNNY KUMAR Punjab Agricultural University, Ludhiana, Punjab 141 004, India
NAMAMI GOHAIN Punjab Agricultural University, Ludhiana, Punjab 141 004, India
RAMANDEEP KUMAR SHARMA Punjab Agricultural University, Ludhiana, Punjab 141 004, India

https://doi.org/10.56093/ijas.v93i2.126900

Keywords:

Economic challenge, Gravity model, Price realization, Revealed comparative advantage

Abstract

The present study examines the trade performance of millets, competitiveness and their impact on the country’s growth in the agriculture sector. Empirical findings revealed that Indian millet exports contributed significantly to the global basket from the year 2000–2020 and had a huge potential in the international market. During the year 2011–2020, India’s major exporting partners were neighbouring countries, i.e. Pakistan, Vietnam, Nepal and Saudi Arabia, wherein India exported more than 50% of the country’s millet export. The study looked at India’s comparative advantage of millets by country by using Revealed Comparative Advantage (RCA), and the results showed that Pakistan, Saudi Arabia, Vietnam, and Yemen were the major millet importing countries exhibiting RCA value greater than one, indicating that India had a significant advantage in exporting millets to these partner countries during the recent study period (2011–2020). Furthermore, gravity model is calibrated by using the variables like Gross Domestic Product (GDP), exchange rate and population of the respective countries. The results of the gravity model suggested that the country's GDP would grow with an increase in millets exports in India, but the country's exports would decrease with an increase in population.

Downloads

Download data is not yet available.

References

Balassa B. 1965. Trade liberalization and revealed comparative advantage. The Manchester School 33(2): 99–123. DOI: https://doi.org/10.1111/j.1467-9957.1965.tb00050.x

FAO. 2020. Food and Agriculture Organization of the United Nations, Rome, Italy.

Jenkins A L, Jenkins D J, Wolever T M, Rogovik A L, Jovanovski E, Bozikov V, Rahelić D and Vuksan V. 2008. Comparable postprandial glucose reductions with viscous fiber blend enriched biscuits in healthy subjects and patients with diabetes mellitus: acute randomized controlled clinical trial. Croatian Medical Journal 49(6): 772–82. DOI: https://doi.org/10.3325/cmj.2008.49.722

Kumar A, Tomer V, Kaur A, Kumar V and Gupta K. 2018. Millets: A solution to agrarian and nutritional challenges. Agriculture and Food Security 7(1): 1–15. https://doi.org/10.1186/s40066-018-0183-3 DOI: https://doi.org/10.1186/s40066-018-0183-3

Kumar A. 2021. Millets and Millet Technology, Ist edn. Kumar A, Tripathi M K, Joshi D, Kumar V (Eds.). Springer Nature, Singapore. DOI: https://doi.org/10.1007/978-981-16-0676-2

Kumar S B S. 2021. United Nations declares 2023 International Year of Millets. The Hindu. April 27.

Nagaraj N, Basavaraj G and Rao P P. 2012. Future Outlook and Options for Target Crops: The Sorghum and Pearl Millet Economy of India. Policy brief no. 15, International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), Andhra Pradesh, India.

Narayan J, John D and Ramdas N. 2019. Malnutrition in India: status and government initiatives. Journal of Public Health Policy 40(1): 126–41. DOI: https://doi.org/10.1057/s41271-018-0149-5

Nelson E L R A, Ravichandran K and Antony U. 2019. Impact of green revolution on indigenous crops of India. Journal of Ethnic Foods 6(1): 1–10. DOI: https://doi.org/10.1186/s42779-019-0011-9

Sathish G. 2018. The Story of Millets. Karnataka State Department of Agriculture, Bangalore, India in collaboration with ICAR-Indian Institute of Millets Research, Hyderabad, India.

Shobana S, Sreerama Y N and Malleshi N G. 2009. Composition and enzyme inhibitory properties of finger millet (Eleusine coracana L.) seed coat phenolics: Mode of inhibition of α-glucosidase and pancreatic amylase. Food Chemistry 115(4): 1268–73. DOI: https://doi.org/10.1016/j.foodchem.2009.01.042

Singh S, Sekhon M K, Kumar S, Kaur A and Bhardwaj S 2020. Status and performance of display boards in regulated agricultural markets of Punjab. Agricultural Research Journal 57(5): 779–84. DOI: https://doi.org/10.5958/2395-146X.2020.00113.1

Singh P, Adhale P, Guleria A, Bhoi P B, Bhoi A K, Bacco M and Barsocchi P. 2022. Crop diversification in South Asia: A panel regression approach. Sustainability 14(15): 9363. DOI: https://doi.org/10.3390/su14159363

UN Comtrade. 2020. UN Comtrade Database, United Nations, New York, USA.

UNICEF. 2020. Malnutrition children in India, New York, USA.