A Study On Export Of Soybean From Indore

Authors: Vaibhav Jain, Dr. Richa Darshan

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Abstract

Agriculture plays a crucial role in Indian economy. It is the backbone of our economic system. Agriculture not only provides food and raw material but also employment opportunities to a very large proportion of population. In India the main occupation of working population is agriculture. About 70 per cent of our population is directly engaged in agriculture. In advanced countries, this ratio is very small being 5 per cent in U.K., 4 per cent in USA., 16 per cent in Australia, 14 per cent in France, 21 per cent in Japan and 32 per cent in USSR. The most popular and the largest produced oilseed in the world is soybean. It has got the support of wide variety of climates and soils and that is why it is considered to be the most economical crop

Introduction

Agriculture, for decades, had been associated with the production of basic food crops. Agriculture and farming were synonymous so long as farming was not commercialized. But as the process of economic development accelerated, many more other occupations allied to farming came to be recognized as a part of agriculture. At present, agriculture besides farming includes forestry, fruit cultivation, dairy, poultry, mushroom, bee keeping, arbitrary, etc. Agriculture may be defined as an integrated system of techniques to control the growth and harvesting of animal and vegetables. It is an uncomplicated endeavour comprising of technical and practical processes that helps in the maintenance of the ecological balance and protects human resources; and most importantly it is a viable food production system.

Conclusion

Soybean is one of the major crops to be exported and earns a major share of foreign exchange for the country. It helps our country to maintain current account deficit which occurs time to time when we import more goods than required. The need of the hour is to frame suitable policies to support the exporters as well as the farmers other than the already existing policies. Export potential of Soybean is although very high, in spite of having a rich stock of natural resources and skilled personnel. India is required to strengthen its position in the global market. The exporters of Soybean have to overcome various hurdles posed by several factors.