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VOLUME NO. 2 (2012), ISSUE NO.

3 (MARCH) ISSN 2231-4245


A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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ii
CONTENTS CONTENTS CONTENTS CONTENTS
Sr.
No.
TITLE & NAME OF THE AUTHOR (S)
Page No.
1% DETERMINANTS OF INTEREST SPREADS IN COMMERCIAL BANKS A CASE OF CRDB BANK TANZANIA
DR. SRINIVAS MADISHETTI & JOSEPH KIMEME
1
2% CORPORATE SOCIAL RESPONSIBILITY CSR OF BUSINESS ORGANIZATIONS IN NIGER STATE, NIGERIA: AN ISLAMIC PERSPECTIVE
DR. HALIRU BALA
6
% CHALLENGES OF GOOD GOVERNANCE IN LOCAL GOVERNMENT: THE CASE OF SAESIETSAEDAMBA !OREDA, TIGRAY REGION,
ETHIOPIA
GEBRESLASSIE KIROS HAILU
11
"% TOTAL COST OF SMALL ENTREPRENEURIAL CREDIT: AN ANALYSIS ON SELECTED PRIVATE COMMERCIAL BANKS IN BANGLADESH
JASMINE JAIM
2#
$% FACTORS INFLUENCING TOTAL HOUSEHOLD INCOME OF FARMERS IN UTTAR PRADESH
AMARENDRA PRATAP SINGH
1
6% CUSTOMER A!ARENESS AND SATISFACTION IN COMMERCIAL BANKS !ITH REFERENCE TO COIMBATORE DISTRICT
DR. M. VIDHYA & DR. A. RAMACHANDRAN
%
#% MEASUREMENT OF CONSUMER&S PERCEPTION ON SERVICE 'UALITY IN LIFE INSURANCE
ALTAF AHMAD DAR & SHABIR AHMAD BHAT
""
%% GRO!TH AND PERFORMANCE OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSME)* IN INDIA: AN OVERVIE!
OMKAR P. DASTANE.
$+
,% A STUDY ON THE POSITION OF SMALL AND MEDIUM ENTERPRISES IN KERALA VIS A VIS THE NATIONAL SCENARIO
N. RAJEEVAN & DR. M. M. SULPHEY
$#
1+% A STUDY ON SOCIO ECONOMIC STATUS OF PIG FARMERS IN KANCHEEPURAM DISTRICT OF TAMILNADU STATE
SASIKALA. V, P. KUMARAVEL & P. MATHIALAGAN
61
11% STUDY OF EMPO!ERMENT STATUS AND THE LEADERSHIP 'UALITIES OF !OMEN NGOS
DR. MADHAVI S. KULKARNI & KISHOR G. BHIDE
6"
12% IMPACT OF AGE AND LEVEL OF EDUCATION ON ORGANIZATIONAL COMMITMENT
DR. ARTI BAKHSHI, ATUL DUTT SHARMA & DR. KULDEEP KUMAR
6,
1% SCAN ON MINIMUM ALTERNATE TA-
DR. G. VELMURUGAN
#
1"% SELF HELP GROUPS (SHG)*: IMPACT ON !ELFARE OF RURAL !OMEN AT IKP (INDIRA KRANTHI PATHAM*
DR. M SUKANYA
#6
1$% SELF HELPS GROUPS: A NE! PARADIGM SHIFT FOR !OMEN EMPO!ERMENT
DR. K. MANOHARAN NAIR
%1
16% !TO AND INDIA&S FOREIGN TRADE
DR. SANJAY TIWARI & DR. TILAK SETHI
%$
1#% PERFORMANCE OF VARIOUS BANKING AGENCIES IN INDIA OVER A PERIOD OF TIME
K. RANGASWAMY & DR. D.V.GOPALAPPA
,"
1%% DIRECT TA-ES CODE AN OVERVIE!
DR. A. JAYAKUMAR & R. ELAVARASAN
,%
1,% REGIONAL RURAL BANK FINANCE IN ARUNACHAL PRADESH, INDIA: AN IMPACT ANALYSIS
DR. TASI KAYE
1+
2+% FOREIGN DIRECT INVESTMENT AND RETAILING IN INDIA.ISSUES AND CONCERNS
K. BABY & C.A VISALAKSHI
1+%
21% SOCIO.ECONOMIC PROFILE OF !OMEN ENTREPRENEURS: A CASE STUDY !ITH REFERENCE TO NORTH DISTRICT OF GOA STATE
DR. ACHUT P. PEDNEKAR
11"
22% HUMAN SETTLEMENTS UNDER SRIPADA.YELLAMPALLY PROJECT AND SUSTAINABLE DEVELOPMENT STRATEGY
RAMAIAH BHEENAVENI
11%
2% EFFICIENCY STUDY OF LARGE.SIZED BANKS IN INDIA A DEA APLICATION
MANAS KUMAR BAIDYA
122
2"% GLOBALIZATION AND SMALL.SCALE INDUSTRIES: THE INDIAN PERSPECTIVE
SANDEEP AGGARWAL & PARUL MITTAL
1+
2$% STRATEGIES FOR SMALL BUSINESS DEVELOPMENT: MICROENTERPRISE IN ORISSA: PRACTICES TO PROMOTE SUCCESS AMONG
LO!.INCOME ENTREPRENEURS
DR. BIKRANT KESARI
16
26% TRENDS AND CHALLENGES BEFORE BANKING SECTOR: A STUDY
SATISH TANAJI BHOSALE
1"+
2#% INDIA & CHINA: THE RISING PO!ER IN GLOBAL ECONOMY
SARITA RANI & INDRA NEHRA
1"
2%% PROTECTION OF CHILDREN . ROLE OF PANCHAYATS IN INDIA
R.ARUNAJAYAMANI
1$+
2,% BASEL III: A TOOL OF RISK MANAGEMENT IN BANKING SECTOR
SAHILA CHAUDHRY
1$"
+% MGNREGA: ITS DRA!BACKS IN J&K 2+1+
SHEIKH IRSHAD AHMAD
1$%
RE'UEST FOR FEEDBACK 162
VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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CHIEF PATRON CHIEF PATRON CHIEF PATRON CHIEF PATRON
PROF/ K/ K/ AGGAR!AL
)hancellor" 2in#aya3s 4niversity" Delhi
!ounder 5ice-)hancellor" uru obind Sin#h Indraprastha 4niversity" Delhi
67% Pro 5ice-)hancellor" uru Ja0bheshwar 4niversity" +isar

PATRON PATRON PATRON PATRON
SH/ RAM BHAJAN AGGAR!AL
67% State Minister for +o0e 8 9ouris0" overn0ent of +aryana
5ice-President" Dadri 6ducation Society" )har:hi Dadri
President" )hinar Synte7 2td% ;9e7tile Mills<" Bhiwani

CO CO CO CO- -- -ORDINATOR ORDINATOR ORDINATOR ORDINATOR
DR/ BHAVET
!aculty" M% M% Institute of Mana#e0ent" Maharishi Mar:andeshwar 4niversity" Mullana" A0bala" +aryana

ADVISORS ADVISORS ADVISORS ADVISORS
DR/ PRIYA RANJAN TRIVEDI
)hancellor" 9he lobal Open 4niversity" $a#aland
PROF/ M/ S/ SENAM RAJU
Director A% )% D%" School of Mana#e0ent Studies" I%%$%O%4%" $ew Delhi
PROF/ M/ N/ SHARMA
)hair0an" M%B%A%" +aryana )olle#e of 9echnolo#y 8 Mana#e0ent" =aithal
PROF/ S/ L/ MAHANDRU
Principal ;Retd%<" Mahara1a A#rasen )olle#e" Ja#adhri

EDITOR EDITOR EDITOR EDITOR
PROF/ R/ K/ SHARMA
Professor" Bharti 5idyapeeth 4niversity Institute of Mana#e0ent 8 Research" $ew Delhi

CO CO CO CO- -- -EDITOR EDITOR EDITOR EDITOR
DR/ SAMBHAV GARG
!aculty" M% M% Institute of Mana#e0ent" Maharishi Mar:andeshwar 4niversity" Mullana" A0bala" +aryana

EDITORIAL ADVISORY BOARD EDITORIAL ADVISORY BOARD EDITORIAL ADVISORY BOARD EDITORIAL ADVISORY BOARD
DR/ RAJESH MODI
!aculty" /anbu Industrial )olle#e" =in#do0 of Saudi Arabia
PROF/ SIKANDER KUMAR
)hair0an" Depart0ent of 6cono0ics" +i0achal Pradesh 4niversity" Shi0la" +i0achal Pradesh
PROF/ SANJIV MITTAL
4niversity School of Mana#e0ent Studies" uru obind Sin#h I% P% 4niversity" Delhi
PROF/ RAJENDER GUPTA
)onvener" Board of Studies in 6cono0ics" 4niversity of Ja00u" Ja00u
PROF/ NA!AB ALI KHAN
Depart0ent of )o00erce" Ali#arh Musli0 4niversity" Ali#arh" 4%P%

VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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PROF/ S/ P/ TI!ARI
Depart0ent of 6cono0ics 8 Rural Develop0ent" Dr% Ra0 Manohar 2ohia Avadh 4niversity" !ai*abad
DR/ ANIL CHANDHOK
Professor" !aculty of Mana#e0ent" Maharishi Mar:andeshwar 4niversity" Mullana" A0bala" +aryana
DR/ ASHOK KUMAR CHAUHAN
Reader" Depart0ent of 6cono0ics" =uru:shetra 4niversity" =uru:shetra
DR/ SAMBHAVNA
!aculty" I%I%9%M%" Delhi
DR/ MOHENDER KUMAR GUPTA
Associate Professor" P% J% 2% $% overn0ent )olle#e" !aridabad
DR/ VIVEK CHA!LA
Associate Professor" =uru:shetra 4niversity" =uru:shetra
DR/ SHIVAKUMAR DEENE
Asst% Professor" Dept% of )o00erce" School of Business Studies" )entral 4niversity of =arnata:a" ulbar#a

ASSOCIATE EDITORS ASSOCIATE EDITORS ASSOCIATE EDITORS ASSOCIATE EDITORS
PROF/ ABHAY BANSAL
+ead" Depart0ent of Infor0ation 9echnolo#y" A0ity School of 6n#ineerin# 8 9echnolo#y" A0ity 4niversity" $oida
PARVEEN KHURANA
Associate Professor" Mu:and 2al $ational )olle#e" /a0una $a#ar
SHASHI KHURANA
Associate Professor" S% M% S% =halsa 2ubana irls )olle#e" Barara" A0bala
SUNIL KUMAR KAR!ASRA
Principal" Aa:ash )olle#e of 6ducation" )hander =alan" 9ohana" !atehabad
DR/ VIKAS CHOUDHARY
Asst% Professor" $%I%9% ;4niversity<" =uru:shetra

TECHNICAL ADVISORS TECHNICAL ADVISORS TECHNICAL ADVISORS TECHNICAL ADVISORS
MOHITA
!aculty" /a0una Institute of 6n#ineerin# 8 9echnolo#y" 5illa#e adholi" P% O% adhola" /a0unana#ar
AMITA
!aculty" overn0ent M% S%" Mohali

FINANCIAL ADVISORS FINANCIAL ADVISORS FINANCIAL ADVISORS FINANCIAL ADVISORS
DICKIN GOYAL
Advocate 8 9a7 Adviser" Panch:ula
NEENA
Invest0ent )onsultant" )ha0ba#hat" Solan" +i0achal Pradesh

LEGAL ADVIS LEGAL ADVIS LEGAL ADVIS LEGAL ADVISORS ORS ORS ORS
JITENDER S/ CHAHAL
Advocate" Pun1ab 8 +aryana +i#h )ourt" )handi#arh 4%9%
CHANDER BHUSHAN SHARMA
Advocate 8 )onsultant" District )ourts" /a0unana#ar at Ja#adhri

SUPERINTENDENT SUPERINTENDENT SUPERINTENDENT SUPERINTENDENT
SURENDER KUMAR POONIA
VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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CALL FOR MANUSCRIPTS CALL FOR MANUSCRIPTS CALL FOR MANUSCRIPTS CALL FOR MANUSCRIPTS
>e invite unpublished novel" ori#inal" e0pirical and hi#h ?uality research wor: pertainin# to recent develop0ents 8 practices in the area of
)o0puter" Business" !inance" Mar:etin#" +u0an Resource Mana#e0ent" eneral Mana#e0ent" Ban:in#" Insurance" )orporate overnance
and e0er#in# paradi#0s in allied sub1ects li:e Accountin# 6ducation@ Accountin# Infor0ation Syste0s@ Accountin# 9heory 8 Practice@ Auditin#@
Behavioral Accountin#@ Behavioral 6cono0ics@ )orporate !inance@ )ost Accountin#@ 6cono0etrics@ 6cono0ic Develop0ent@ 6cono0ic +istory@
!inancial Institutions 8 Mar:ets@ !inancial Services@ !iscal Policy@ overn0ent 8 $on Profit Accountin#@ Industrial Or#ani*ation@ International
6cono0ics 8 9rade@ International !inance@ Macro 6cono0ics@ Micro 6cono0ics@ Monetary Policy@ Portfolio 8 Security Analysis@ Public Policy
6cono0ics@ Real 6state@ Re#ional 6cono0ics@ 9a7 Accountin#@ Advertisin# 8 Pro0otion Mana#e0ent@ Business 6ducation@ Mana#e0ent
Infor0ation Syste0s ;MIS<@ Business 2aw" Public Responsibility 8 6thics@ )o00unication@ Direct Mar:etin#@ 6-)o00erce@ lobal Business@
+ealth )are Ad0inistration@ 2abor Relations 8 +u0an Resource Mana#e0ent@ Mar:etin# Research@ Mar:etin# 9heory 8 Applications@ $on-
Profit Or#ani*ations@ Office Ad0inistrationAMana#e0ent@ Operations ResearchAStatistics@ Or#ani*ational Behavior 8 9heory@ Or#ani*ational
Develop0ent@ ProductionAOperations@ Public Ad0inistration@ Purchasin#AMaterials Mana#e0ent@ Retailin#@ SalesASellin#@ Services@ S0all
Business 6ntrepreneurship@ Strate#ic Mana#e0ent Policy@ 9echnolo#yAInnovation@ 9ouris0" +ospitality 8 2eisure@ 9ransportationAPhysical
Distribution@ Al#orith0s@ Artificial Intelli#ence@ )o0pilers 8 9ranslation@ )o0puter Aided Desi#n ;)AD<@ )o0puter Aided Manufacturin#@
)o0puter raphics@ )o0puter Or#ani*ation 8 Architecture@ Database Structures 8 Syste0s@ Di#ital 2o#ic@ Discrete Structures@ Internet@
Mana#e0ent Infor0ation Syste0s@ Modelin# 8 Si0ulation@ Multi0edia@ $eural Syste0sA$eural $etwor:s@ $u0erical AnalysisAScientific
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VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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PLEASE USE THE FOLLO!ING FOR STYLE AND PUNCTUATION IN REFERENCES:
BOOKS
Bowerso7" Donald J%" )loss" David J%" ;&JJF<" K2o#istical Mana#e0ent%K 9ata Mcraw" +ill" $ew Delhi%
+un:er" +%2% and A%J% >ri#ht ;&JF-<" K!actors of Industrial 2ocation in OhioK Ohio State 4niversity" $i#eria%
CONTRIBUTIONS TO BOOKS
Shar0a 9%" =watra" % ;E''H< 6ffectiveness of Social Advertisin#B A Study of Selected )a0pai#ns" )orporate Social Responsibility" 6dited by David )rowther 8
$icholas )apaldi" Ash#ate Research )o0panion to )orporate Social Responsibility" )hapter &." pp EHI--'-%
JOURNAL AND OTHER ARTICLES
Sche0enner" R%>%" +uber" J%)% and )oo:" R%2% ;&JHI<" Keo#raphic Differences and the 2ocation of $ew Manufacturin# !acilities"K Journal of 4rban 6cono0ics"
5ol% E&" $o% &" pp% H--&'(%
CONFERENCE PAPERS
ar#" Sa0bhav ;E'&&<B KBusiness 6thicsK Paper presented at the Annual International )onference for the All India Mana#e0ent Association" $ew Delhi" India"
&J,EE June%
UNPUBLISHED DISSERTATIONS AND THESES
=u0ar S% ;E'&&<B K)usto0er 5alueB A )o0parative Study of Rural and 4rban )usto0ers"K 9hesis" =uru:shetra 4niversity" =uru:shetra%
ONLINE RESOURCES
Always indicate the date that the source was accessed" as online resources are fre?uently updated or re0oved%
!EBSITE
ar#" Bhavet ;E'&&<B 9owards a $ew $atural as Policy" Political >ee:ly" 5iewed on January '&" E'&E httpBAAepw%inAuserAviewabstract%1sp

VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
www%i1rc0%or#%in
H.
!TO AND INDIA&S FOREIGN TRADE

DR. SANJAY TIWARI
ASSOCIATE PROFESSOR
DEPARTMENT OF MANAGEMENT STUDIES
SCHOOL OF LAW, GOVERNANCE, PUBLIC POLICY & MANAGEMENT
CENTRAL UNIVERSITY OF HARYANA
MAHENDERGARH

DR. TILAK SETHI
ASST. PROFESSOR
HARYANA SCHOOL OF BUSINESS
GURU JAMBHESHWAR UNIVERSITY OF SCIENCE & TECHNOLOGY
HISAR

ABSTRACT
With the ee!"e#$e %& the #e' '%!() %!)e! *&te! the e+t*,(i+he#t %& the WTO i# -../, the!e h*+ ,ee# * 0*!*)i" +hi&t i# the 0!*$ti$e+ %& the t!*)e *%#"
1*!i%2+ #*ti%#+ %& the "(%,e. The i++i%# %& *$hie1i#" ,*!!ie!+ &!ee t!*)e *%#" 1*!i%2+ $%2#t!ie+ h*+ $%e t% the &%!e *t 1*!i%2+ eeti#"+, $%#&e!e#$e+ *#)
&%!2+ ,2t )2e t% $%#&(i$ti#" i)e%(%"ie+, i#te!e+t+ *#) 0!e&e!e#$e+ %& the 0*!ti$i0*#t+ the i++2e+ *('*3+ !e*i# 2#!e+%(1e) *#) &2!the! *))e) &(*e+ t% the #e'
i++2e+. I# the 0!e+e#t 0*0e! *# *tte0t h*+ ,ee# *)e t% i)e#ti&3 the *++e++e#t %& i0*$t %1e! the t!*)e 42*#t2 %& I#)i* )2!i#" * tie +e!ie+ %& )*t* &!%
-.5/ t% 6778.The t!*)e )*t* h*+ ,ee# $%0i(e) &!% 1*!i%2+ *2the#ti$*te) +%2!$e+. Kee0i#" i# 1ie' the %,9e$ti1e+ %& the +t2)3, h30%the+e+ h*1e ,ee#
$%#+t!2$te) *#) te+te) 'ith the he(0 %& the 0*!*et!i$ te+t+. The 1*!i*,(e+ t*:e# i# thi+ +t2)3 *!e; e<0%!t+, i0%!t+ =%#et*!3 1*(2e+>? B*(*#$e %& t!*)e? &%!ei"#
e<$h*#"e e&&e$ti1e !*te+ =!e*( *#) #%i#*(> *#) t!*)e i#)e< =/ $%2#t!3 *#) -7 @$%2#t!3> et$. Thi+ 0*0e! i+ )i1i)e) i#t% &%2! 0*!t+. The &i!+t 0*!t i+ !e(*te) t% the
+t2)3 %& 0!e+e#t +t*t2+ %& I#)i*A+ &%!ei"# t!*)e 'ith !e+t %& '%!(). I# the +e$%#) *#) thi!) 0*!t+, the 0!e *#) 0%+t WTO i0*$t %# I#)i*A+ &%!ei"# t!*)e h*+ ,ee#
*#*(3Be) ,3 te+ti#" the h30%the+e+ *t /C (e1e( %& +i"#i&i$*#$e. The (*+t 0*!t %& thi+ +t2)3 i+ )e1%te) t% t!e#) *#*(3+i+ %& I#)i*# &%!ei"# t!*)e 'ith +e(e$t "!%20 %&
$%2#t!ie+D$%2#t!3.

KEY!ORDS
!orei#n trade" !orei#n e7chan#e rate" >9O%

INTRODUCTION
s an i0portant 0e0ber of >9O" India ran:s E'
th
in 0erchandise e7port and &-
th
in 0erchandise i0port while it stand at seventh ran: as far as
co00ercial service e7port is concerned ;>9O statistics" Oct%E'&&<%9he annual percenta#e chan#e in the 0erchandise e7port ;f%o%b%< and 0erchandise
i0port ;c%i%s< basis is &I and &H respectively and surprisin#ly till date;E'&'< India3s share of world total e7port is only &%((L while in i0port it is 0erely
E%&EL%9o brin# synchroni*ation and providin# platfor0 for the open trade of #oods and services >9O was established in the year &JJ. and this was the ti0e
when India also introduced refor0s in econo0ic policy includin# trade%
9he e0pirical evidences are sufficient to 1ustify that despite various 0easures adopted by the ovt% to open trade barriers by liftin# of tariffs and non-tariff
barriers on 0any co00odities" the i0port were do0inatin# the e7port not only in ter0s of volu0e but value too% It 0ay be due to various other 0acro
econo0ic variables li:e e7chan#e rates and s:ewed trend in the #rowth of e7port in services particularly I9 and I96S durin# the last fifteen years but the overall
i0pact of >9O on India3s forei#n trade has not been too 0uch i0pressive and that why the present study has been done to analyse the trend of India3s forei#n
trade with rest of world with two ti0e series data%

REVIE! OF LITRATURE
9here have been various studies on the relational aspects of >9O and trade% So0e have di0ensions re#ardin# #rowth pattern while in so0e papers there is an
assess0ent of i0pact of >9O policies on the trade% Still there is a dearth of research wor: on the effectiveness and i0pact of the >9O trade re#i0e on Indian
trade at lar#e% !or the present paper an e7tensive review of literature has been carried out to for0ulate idea the 0ultidi0ensional aspects of the >9O and trade
in India% 9hou#h there are few studies on related areas of e7port perfor0ance of Indian fir0s in the post liberali*ation period" i0pact studies of >9O and India
are also lac:in#% Review of available researches on trade perfor0ance of Indian fir0s can act as a #uidin# force in the assess0ent of i0pact% +ere is the #li0pse
of the wor: done by different authors on various aspects%
B6:=)361 e0phasi*ed the need to open 0ar:et for prosperity a0on# nations with the help of re#ional cooperation% +e opined that the 0ost assured techni?ue
for achievin# such parallel action to insist on reciprocity" throu#h the ne#otiation of trade arran#e0ents with enou#h e7istin# or potential 0ar:ets to tip the
internal balance in favor of the desired liberali*ation% DB8>0A40 & K0DE: e7a0ined and e7plained the e7port perfor0ance of ..I fir0s for the years &JH'-H& to
&JJ.-JF by applyin# panel 9obit 0odel and also observed that fir0 si*e" R8 D e7penditure" i0port intensity" advertise0ent e7penditure" fir0 level #rowth"
product ?uality" diversification" 0ar:etin# 8 sellin# efforts" transaction cost have si#nificant i0pact over the e7port perfor0ance% SB0:50 & P010=4834G4)
investi#ated the relationship between e7port #rowth and DP #rowth by testin# e0pirically throu#h co-inte#ration usin# Johansen approach and concluded that
relatively bi# stoc:s in real e7ports do not #enerate si#nificance responses% D0)B & N0:0)41=B01 investi#ated the i0pact of e7chan#e rate volatility on e7ports in
the Indian econo0y durin# the post liberali*ation period and found that e7chan#e rate volatility has played a role in reducin# Indian e7ports durin# the post
liberali*ation period% K0E)B4A & K0:8> atte0pted to e7a0ine the i0pact of e7port instability on i0ports of capital #oods and #ross capital for0ation and
concluded that e7port instability induces instability in capital #oods i0ports% >adhva ;&JJH< concluded that the relatively low perfor0ance of India3s e7port can
be attributed 0ore distinctly to the do0estic supply side constraints than to the adverse i0pact of unfavourable e7ternal factors% K0E)B4A & P0:0) observed that
the e7tent of diversification on trade perfor0ance depends upon initial conditions" state of infrastructure" technolo#ical capability as well as the e7ternal policy
environ0ent includin# chan#es in e7chan#e rates" ter0s of trade and forei#n resource inflows% R82 analy*ed the persistence in the e7port perfor0ance of India3s
0anufacturin# sector durin# &JF'-JI by ta:in# into consideration various de0ands and supply factors and concluded that the perfor0ance is not only affected
by the real effective e7chan#e rate but also by world de0and% 9he perpetuatin# 0ar:et access proble0 sets an upper li0it to the reali*ation of potential world
de0and% P8GG0: in his wor:in# paper analy*ed the 0icroecono0ics of the e7port perfor0ance of Indian fir0s and observed that 0ost of the increase in e7port
durin# the refor0s period is 0ore driven by e7istin# fir0s which are e7port oriented% +e further su##ested that policy 0a:ers should encoura#e innovation and
co0petition rather than protection and e7port incentives% SEG0:)01 revealed the i0port-intensity of our software e7port and su##ested that the #overn0ent
should provide enou#h infrastructure support for sustainability of the sa0e% R02, S8E=030 observed that fir0s which had better environ0ent-strate#y fit
achieved superior perfor0ance% +e also focused on the need of increased i0portance of environ0ental scannin# and strate#ic plannin# syste0s for brin#in#
better perfor0ance%
A
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M0>304) 63 0> analy*ed the positive econo0ic i0pacts in the liberalisation scenario" and e7pressed the concerns over the 0ar#inali*ation of s0all far0ers"
wo0en and rural poor% 9he environ0ental i0pacts are less clear but there appear to be possibilities of both i0prove0ents to de#radation tra1ectories and ris:s
of ne#ative land i0pacts% 9he inter0ediate scenario is 0ore positive #iven opportunities to 0iti#ate so0e of the potential ne#ative social and environ0ental
i0pacts% 9his is due to an identified need for public invest0ent in India3s a#ricultural sector" and due to a better bar#ainin# situation for India in the >9O
conte7t% $o i0pacts can be predicted for the baseline scenario%

OBJECTIVES
Based on the proble0 for0ulation and critical review of the literature available on the related aspects of the topic" the followin# ob1ectives have been fra0edB
&% 9o review the present status of Indian trade with the rest of world in post >9O re#i0e%
E% 9o analy*e the trade pattern and #rowth of forei#n trade of India in pre and post >9O period%
-% 9o find out the correlation between trade and e7chan#e rates ;real and no0inal<%
(% 9o carry out a co0parative study of post >9O forei#n trade of India with developin# countries%

RESEARCH METHODOLOGY
9he present study is e7planatory in nature% 9he sa0plin# is based on available data of ti0e series for the convenience of the researchers%
DATA SOURCE
9he present study is based on secondary data collected fro0 authenticated sources fro0 Indian and international or#ani*ation% 9he data of trade ;e7port and
i0ports in ter0s of value< have been collected fro0 ovt% of India site ;Ministry of )o00erce<" Directorate #eneral of !orei#n 9rade ;D!9< and 6cono0ic
surveys of India% 9i0e series data has been ta:en fro0 &JH. to till date fro0 various sources of >9O" 4$)9AD reports" 4S trade census bureau" >orld Ban:
reports and studies%
9he ti0e period of study is divided into two parts@ one part relates to pre >9O phase i%e% fro0 the period &JH. to &JJF;>9O was established in the year &JJ.
and one year has been used as #ap year and the i0pact assess0ent of Post >9O has been done with year &JJF < and the second phase is na0ed as post >9O
period ;fro0 &JJI-E''H< for co0parison purpose and observin# the i0pact of >9O on trade%
=eepin# in view the ob1ectives of the study the followin# hypotheses have been constructedB
HYPOTHESES
H1 : 9here is no si#nificant difference between the percenta#e chan#es in 0erchandise trade between India and rest of world durin# pre ;&JH.-JF< and post
>9O;&JJI-E''H< periods%
H2 : 9here is no si#nificant difference between the percenta#e chan#es in service trade between India and rest of world durin# pre ;&JH.-JF< and post >9O ;&JJI-E''H< periods%
H : 9here is direct correlation between the trade and the e7chan#e rates;real and no0inal<%
H": 9here is si#nificant #rowth of trade between India and so0e trade bloc:s durin# the >9O re#i0e%
RESEARCH TOOLS
9o test the hypotheses $o% & and E the followin# tests of si#nificance have been applied%
Paired sa0ple t- test for chec:in# the si#nificance difference between the 0eans of two sa0ples of observation% 9he followin# for0ula has been adopted to
calculate the value of tB
tM ;7&-7E
<D
D'A
Ns&
EAn
&
O
sE
EAn
E
>here hypothesi*ed difference between P& and PE is D'
!or testin# the hypothesis no% - the followin# 0ultiple re#ression 0odel has been appliedB
/M Q'O Q&7&O QE7EOR
/ is dependent variable ;in this case trade inde7< Q'" Q& " QE are re#ression coefficients and Sis a standard error%
9he !" t and R value have been calculated usin# SPSS for chec:in# the si#nificant differences a0on# variances% Si0ilarly the )AR is calculated with SPSS%
9he )AR has been calculated usin# the for0ula /MAB
>here /M dependent variable
AMconstant
BMslope of trend line ;#rowth rate<
9Mti0e

ANALYSIS AND INTERPRETATION
!ro0 &JH. to E''I the co0pound annuali*ed #rowth rate ;)AR< of e7port in 0erchandise trade of India with the rest of world was &&%JJL which is al0ost
e?ual to&&%.(L in case of i0ports" showin# that durin# E- years of observations" the e7port have 0ar#inally led i0ports by a s0all percenta#e;table &%&<% 9he
percenta#e chan#e in e7port and i0port in pre >9O and post >9O periods have shown no si#nificant difference in their 0eans ;table &%&;A< showin# t-value for
paired sa0ple t-test%
TABLE 1/1: SHO!ING TOTAL MERCHANDISE TRADE OF INDIA !ITH !ORLD (US DOLLARS AT CURRENT PRICE IN MILLION<
YEAR E-PORT IMPORT
&JH. J&(' &.JEH
&JHF J-JJ &.(E&
&JHI &&EJH &FFI.
&JHH &--E. &J&(J
&JHJ &.H(F E'.-.
&JJ' &IJFJ E-.H'
&JJ& &IIEI E'((H
&JJE &JFEH E-.IJ
&JJ- E&.IE EEIHH
&JJ( E.'EE EFH(-
&JJ. -'F-' -(I'I
&JJF --&'. -IJ(E
&JJI -.''H (&(-E
&JJH --(-I (EJH'
&JJJ -.FFI (FJIJ
E''' (E-IJ .&.E-
E''& (--F& .'-JE
E''E (JE.' .F.&I
E''- .HJF- IE..H
E''( IFF(J JJII.
E''. JJFE' &(EH(E
E''F &E'HF& &I.E(E
E''I &(.EEH E&FFHE
CAGR(I* 11/,,I 11/$"I
SourceB 9rade Profiles@ >9O Statistical Data Base
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TABLE 1/1(A* SHO!ING THE T. VALUES OF PAIRED SAMPLE T.TEST DURING PRE (1,%$.,6* AND POST (1,,#.2++#* !TO PHASES AT $I LEVEL OF SIGNIFICANCE
FOR MERCHANDISE TRADE BET!EEN INDIA AND REST OF !ORLD
9ype of trade t-value Si#% at
67port -'%FE. '%.(H
I0port -&%.HF '%&(I
SourceB values calculated with help of SPSS

TABLE 1/1(B* SHO!ING THE F.TEST VALUES OF MERCHANDISE E-PORT DURING PRE !TO (1,%$.,6* AND POST !TO (1,,#.2++#* PHASES AT $I LEVEL OF SIGNIFICANCE
9ype of trade !-value ! critical;one tail<
67port '%'(&'&( '%-.'(-&
I0port '%'&-'H& '%-(.EII
SourceB values calculated with help of SPSS

TABLE 1/2 SHO!ING COMMERCIAL SERVICES TRADE (E-CL/ GOVT/ SERVICES* OF INDIA !ITH !ORLD (US G8>>0:) 03 ;E::613 D:4;6 41 54>>481*
YEAR E-PORT IMPORT
&JH. -EI( -H&.
&JHF -&-F -HEH
&JHI -EFF (.&F
&JHH -I&J .&FH
&JHJ ('JE .I-H
&JJ' (F'J .J(-
&JJ& (J'. .IJI
&JJE (HJ- FF&.
&JJ- .'-( F-.F
&JJ( F'-& H'-'
&JJ. FIF- &''FE
&JJF I&IJ &&'''
&JJI HJEF &EEII
&JJH &&'FI &(&JE
&JJJ &(''F &I'(.
E''' &F'-' &HHJF
E''& &FIJJ &JIJE
E''E &J&E. E'IIF
E''- EFF-- E(FIJ
E''( -IJ-& -.EJ-
E''. ...'H (I.(.
E''F I.'.I F-'.-
E''I HF-FF IH'H'
CAGR 1$/%6I 1/#2I
SourceB 9rade Profiles@ >9O Statistical Data Base

TABLE 1/2(A* SHO!ING THE T. VALUES OF PAIRED SAMPLE T.TEST DURING PRE (1,%$.,6* AND POST (1,,#.2++#* !TO PHASES AT $I LEVEL OF SIGNIFICANCE
FOR COMMERCIAL SERVICES TRADE BET!EEN INDIA AND REST OF !ORLD/
9ype of trade t-value Si#% at
67port -'%-EH '%'&&
I0port -E%&(E '%'F&
SourceB values calculated with help of SPSS

TABLE 1/2(B* SHO!ING THE F.TEST VALUES OF SERVICE E-PORT DURING PRE !TO (1,%$.,6* AND POST !TO (1,,#.2++#* PHASES AT $I LEVEL OF SIGNIFICANCE
9ype of trade !-value ! critical;one tail<
67port '%''E.'& '-.'(-&
I0port '%'&'IJF '%-.'(-&
SourceB values calculated with help of SPSS
!ro0 the tables above it is clear that the t-values are far below the tabular values thereby the hypothesis that there is no si#nificant difference between the
La#e chan#e in 0eans of e7ports and i0ports of 0erchandise trade durin# pre ;&JH.-JF< and post ;&JJI-E''I< >9O periods% On the si0ilar trends" by applyin#
two sa0ples !-test for variance" the values of ! shows that the difference is not si#nificant% As an overall conclusion" it is derived that the >9O re#i0e has not
i0pacted the trade ;e7port and i0port< of India with rest of the world% 9herefore" there is a need to find and understand so0e other factors influencin# trade of
India with the rest of world%
9he si0ilar observations have been 0ade on the service trade pattern in pre and post >9O re#i0es i%e% there is no si#nificance difference between the volu0e
of trade ;0erchandise and service< durin# pre and post >9O phases%

TABLE 1/ SHO!ING GDP AND MERCHANDISE TRADE BY REGION, 2++".+6 ;Annual percenta#e chan#e" at constant prices<
C8E13:2 GDP E-PORT IMPORT
E''( E''. E''F E''( E''. E''F E''( E''. E''F
$orth A0erica -%J -%E -%( H%' F%' H%. &'%. F%. F%.
4S -%J -%E -%( H%. H%' &'%. &&%' F%' .%.
South 8 central A0erica F%J .%E .%E &-%' H%' E%' &H%. &(%' &'%.
6urope E%( &%H E%H I%' (%' I%. I%' (%' I%'
6uropean 4nion;E.< E%- &%F E%H I%' (%' I%. F%. -%. F%.
)IS H%' F%I I%. &E%' -'. -%' &F%' &H%' E'%'
Africa 8 Middle 6ast F%' .%. .%( H%' .%' &%' &(%' &-%' H%.
Asia (%H (%& (%( &.%. &&%. &-%. &(%. H%' H%.
)hina &'%& J%J &'%I E(%' E.%' EE E&%. &&%. &F%.
Japan E%I &%J E%E &-%. .%' &'%' F%. E%' E%'
India H%' H%. H%- &.%. E'%. &&%. &F%' E'%. &E%'
>orld -%J -%E -%I &'%' F%. H%'

SourceB >orld Develop0ent Report E''I
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TABLE 1/" RATIO OF MERCHANDISE E-PORTS TO GDP, 1%#+.2++$ ;Percenta#e" real trade and DP at &JJ' prices and e7chan#e rates<
Y60: 1%#+ 1,1 1,2, 1,$+ 1,# 1,,% 2+++ 2++$
)anada &&%- &&%F EE%( &E%- &J%- -J%' (E%( -J%I
4S E%. -%I .%J -%' (%J &'%& &'%F &'%E
Bra*il &E%E J%H F%J -%J E%. .%( .%. H%J
Me7ico -%J J%& &(%- -%' &%J &'%I &E%- &E%-
Austria .%. H%F I%( .%E &F%- (.%. .E%I F(%H
Bel#iu0 J%' EE%F E(%- &I%- .E%& HH%. JI%' &&E%E
Den0ar: H%- &E%H E-%E &E%& E-%I (&%J (.%. (J%(
!inland &.%. E.%' ('%( &H%I -'%E .&%F .(%F .&%J
!rance (%J I%H &&%. I%F &.%E EH%I EJ%J EI%F
er0any J%.
Italy (%- (%H .%J -%. &E%. EF%& EH%I EH%H
$etherlands &I%( &I%- EJ%I &E%E ('%I F&%E FE%J II%I
$orway J%' &(%' E-%- &E%J EF%E ..%( .F%I ..%F
Sweden &'%- &.%- E-%J &.%F -&%( FE%. F-%- F(%.
Swit*erland &H%J -(%H -.%' &.%- --%E .&%H .F%' .J%-
4= &E%E &I%. &(%E &&%- &(%' E.%' E-%& &J%-
Australia I%& &E%- &-%E H%H &&%' &H%& &J%H &H%F
)hina '%I &%I E%F E%F &%F (%J .%J &'%I
India E%F (%F (%' E%. E%' E%( E%J -%I
Japan '%E E%( F%& E%E I%I &-%( &(%F &.%I
>orld (%F I%J J%' .%. &'%. &I%E &H%. E'%.
N%te; 9erritorial chan#es affect co0paribility in ti0e for a nu0ber of countries especially between &J&- and &JEJ and &JEJ and&J.' ;e%#% Austria" !rance"
er0any" reat Britain" )hina" India and Japan<%
S%2!$e+; W%!() T!*)e Re0%!t, 6778
Also" fro0 the table &%(" it is obvious that the ratio of 0erchandise e7port to DP e7pressed as La#e at &JJ' prices and e7chan#e rate has shown declinin# trend
fro0 &J&- to &JI- i%e% fro0 (%FL to E%'L" however" fro0 &JJH onwards this ratio has sli#htly i0proved %It is surprisin# to note that the ratio of real trade to DP
of India has even not beaten the world ratio% Only the countries li:e )anada" !rance" Bel#iu0" Italy" Swit*erland" $orway and er0any are leadin# the world
ratio i%e% the e7port ;0erchandise< to DP ratio is hi#her than the world avera#e% 9hou#h )hina has lower ratio than the world yet its #rowth is 0ore than India
durin# the last fifteen years or so%

TABLE $ GRO!TH IN THE VOLUME OF !ORLD MERCHANDISE E-PORTS AND PRODUCTION, 2+++.2++6 ;Annual percenta#e chan#e<
!8:>G 56:;B01G4)6 6JD8:3) .. . F. H'
A#ricultural products ( ( F F
!uels and 0inin# products - F -%. -
Manufactures F && I%. &'
!8:>G 56:;B01G4)6 D:8GE;3481 E. .' . -%'
A#riculture E . &%. &
Minin# &%. (%. &%. &
Manufacturin# - .%. ( -%.
!8:>G GDP -%' (%' -%. -%.
SourceB >9O" >orld 9rade Develop0ents Statistics

TABLE $(A* GRO!TH IN THE VOLUME OF !ORLD MERCHANDISE TRADE BY SELECTED REGION, 2+++.2++6 ;Annual percenta#e chan#e<
Re#ionAcountry 67port I0port
$orth A0erica - F H . F F
South and )entral A0erica F H - F &( &(
6urope ( ( I ( ( I
6uropean 4nion ;E.< ( ( I - ( I
)o00onwealth of Independent States ;)IS< H ( F &I &H E&
Asia &' && &- J H J
Japan F . &' - E -
Si7 6ast Asian traders H H && F F H
!8:>G . I H . I H
SourceB >9O" >orld 9rade Develop0ents Statistics

TREND ANALYSIS OF INDIAN FOREIGN TRADE !ITH SELECT GROUP OF COUNTRIES@COUNTRY
A study of dietary co0position co0parison between India and )hina show that eatin# habits have also an influence on trade practices% 9he dietary co0position
of ve#etables in both India and )hina has increased durin# ei#ht years are >9O re#i0e ;table &%F<%Si0ilarly the per capita 0etal consu0ption has si#nificant role
in forei#n trade of a country ;table &%I<% 9he increased consu0ption of steel in )hina" Japan" =orea and 4S have #iven rise to i0port of the the co00odity and
e7port potential of India lies in the sector%











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www%i1rc0%or#%in
HJ
TABLE 1/6 ;4S 0illion dollar<
YEAR EJD8:3(41;>EG41= R6.6JD8:3* I5D8:3 T:0G6 B0>01;6 R036 87 CB01=6(I0=6*
67port I0port
&J(J-.' &'&F &EJE -EIF
&J.'-.& &EFJ &EI- -( E(%J -&%.
&J.J-F' &-(- E'&F -FI( &'%& F
&JFJ-I' &HFF E'HJ -EE- (%( -&F%J
&JIJ-H' IJ(I &&-E& ---I( &-%J -F%(
&JH.-HF HJ'I &F'FI -I&FE -J%J &&%.
&JHF-HI JI(. &.IEI -.JHE J%( -E%&
&JHI-HH &E'HJ &I&.F -.'FI E(%& J%&
&JHH-HJ &-JI' &J(JI ..EF &.%F &-%F
&JHJ-J' &FF&E E&E&J -(F'I &H%J H%H
&JJ'-J& &H&(- E('I. -.J-E J%E &-%.
&JJ&-JE &IHF. &J(&& -&.(F -&%. -&J%(
&JJE-J- &H.-I E&HHE ---(. -%H &E%I
&JJ--J( EEE-H E--'F -&'FH E'%' F%.
&JJ(-J. EF--' EHF.( -E-E( &H%( EE%J
&JJ.-JF -&IJI -FFIH -(HH& E'%H EH%'
&JJF-JI --(I' -J&-- -.FF- .%- F%I
&JJI-JH -.''F (&(H( -F(IH (%F F%'
&JJH-JJ --E&H (E-HJ -J&I& -.%& E%E
&JJJ-E''' -FHEE (JFI& -&EH(J &'%H &I%E
E'''-'& ((.F' .'.-F -.JIF E&%' &%I
E''&-'E (-HEI .&(&- -I.HF -&%F &%I
E''E-'- .EI&J F&(&E -HFJ- E'%- &J%(
E''--'( F-H(- IH&.' -&(-'I E&%H EI%-
E''(-'. H-.-. &&&.&F -EIJHE -'%H (E%I
E''.-'F &'-'JE &(J&FI -(F'IF E-%( --%H
E''F-'I &EF-F' &H.I(I -.J-HI EE%F E(%.
E''I-'H &&'JF. &FHH'- -.IH-J E&%F E.%J
SourceB 6cono0ic Survey E''I-'H" OI

TABLE 1/# SHO!ING INDE- NUMBERS OF FOREIGN TRADE ;Base &JIH-IJM&''<
/ear 4nit 5alue Inde7 5olu0e Inde7 9er0s of 9rade Inco0e
67port I0port 67port I0port ross $et
&JFJ-I' ((%' -.%E ..%I F(%J &&F%. &E.%' FJ%F
&JI(-I. IH%' H(%. I-%I II%E &'(%I JE%- FH%(
&JIJ-H' &'.%( &&(%& &'F%E &&F%( &'J%I JE%( JH%&
&JH(-H. &FJ%H &F&%I &E'%H &.F%& &EJ%E &'.%' &EF%H
&JH.-HF &I'%H &.H%H &&&%- &HE%-
&JHF-HI &IJ%( &-J%( &E&%- E&E%-
&JHI-HH &J.%( &F'%' &('%' E'(%H
&JHH-HJ E-E%E &H.%. &.E%& EE(%E
&JHJ-J' EIF%F EEH%( &I(%J EEI%H &-'%E &E&%& E&&%H
&JJ'-J& EJE%. EFI%I &.(%& E-I%I
&JJ&-JE -FJ%. -'J%& E'H%F EEH%'
&JJE-J- (E&%. --&%' EEE%J EHE%'
&JJ--J( (I(%& -EI%E E.I%. -EJ%&
&JJ(-J. (J(%F -E(%F EJE%I ('H%- &-J%. &.E%( ((F%'
&JJ.-JF (H(%E -.&%' -H(%- (&&%H
&JJF-JI .'(%I -JJ%H (&&%H -HF%'
&JJI-JH .HJ%( ('(%E -HF%' -JJ%E
&JJH-JJ F&&%I ('I%H -JJ%E (F&%F
&JJJ-E''' F'(%. (.'%. (F&%' I'(%H &.E%J &-(%E F&H%I
E'''-'& FE(%- (HI%. .I&%( FJI%I &EE%& &EH%& I-E%'
E''&-'E F&H%' (HI%. .JE%I I-E%H &E-%F &E.%( I(-%E
E''E-'- F&J%F (JE%J IE&%F H'E%( &&&%E &&-%F H&J%I
E''--'( FIE%( .(.%F IF(%F JI'%( &EF%J &E-%( J(-%.
E''(-'. I-E%' .(.%& HJJ%' &&&-%' &E(%' &&'%' JJ&%'
E''.-'F IJH%' FF-%' &''.%' &F(J%' &F(%' &-.%' &-.I%'
E''F-'I HF-%' .JE%' &&F(%' E'(I%' &IF%' &(E%' &F.-%'
SourceB 6cono0ic Survey E''I-'H" OI









VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
www%i1rc0%or#%in
J'
TABLE 1/% TRENDS IN NOMINAL AND REAL EFFECTIVE E-CHANGE RATE OF RUPEE ;BaseB E'''M&''<
Y60:@M813B N85410> E776;34F6 EJ;B01=6 R036(NEER* R60> E776;34F6 EJ;B01=6 R036(REER*
.-country Inde7 &'-country Inde7 .-country Inde7 &'-country Inde7
&JH. (.F%-( ((J%&- &H&%&& &H-%'.
&JHF
&JHI
&JHH
&JHJ EIH%.E EF.%H( &-H%(H &-.%'E
&JJ' E(H%FF E-E%(. &-'%.- &E(%FF
&JJ& &J'%(- &IJ%&F &&&%IH &'I%EE
&JJ&-JE &IH%EI &FH%'H &'I%'& &'E%I.
&JJE-J- &(F%JH &-H%.- JI%'- JE%JI
&JJ--J( &-F%.E &-&%(( JF%.( J(%EE
&JJ(-J. &-&%FJ &EF%'F &'E%E. JJ%''
&JJ.-JF &E'%HE &&(%J' JJ%'' J.%&(
&JJF-JI &&H%.' &&E%.I &'E%&H JH%'J
&JJI-JH &&I%I( &&-%JE &'F%-& &'-%..
&JJH-&JJJ &'(%&E &''%I& &'E%&& JJ%EI
&JJJ-E''' &''%IH JH%H- &''%IF JJ%--
E'''-'& JJ%.( JJ%FH &''%&& &''%.&
E''&-'E JH%(I JH%.( &'-%(. &'-%'&
E''E-'- J-%&- J&%IF &''%HJ JH%IE
E''--'( JE%'I HH%I' &'-%'F JH%I-
E''(-'. J'%IF HF%H- &'-%.' JH%.J
E''. Apr J(%'( J'%.- &'.%I& &'&%E(
May JE%&. HH%FE &'-%I' JJ%EJ
Jun J'%FH HI%EE &'-%I- JJ%-(
Jul HJ%-' H.%I( &'E%FE JH%'E
Au# HJ%&H H.%FI &'E%I. JH%E&
Sep HJ%I( HF%&I &'-%IE JJ%'I
Oct HJ%FI H.%IJ &'E%J' JH%''
$ov HJ%E& H(%J. &'E%'J JF%HF
Dec J'%EJ H.%II &'E%JJ JI%(E
Jan J&%-' HF%IJ &'-%H. JH%-'
!eb J&%JE HI%.. &'(%(& JJ%'J
Mar J&%F( HI%&& &'-%.' JH%E'
2++$.+6 Apr JE%EE HI%HI &'H%&H &'E%J-
May J-%-F HJ%&I &'F%.E &'&%.I
Jun J(%.H J'%II &'H%HJ &'(%EJ
Jul J.%JF JE%'I &'J%HE &'.%E.
Au# J(%H& J'%II &'H%&H &'-%.E
Sep J(%&F J'%E' &'F%H& &'E%.J
Oct J-%.. HJ%I& &'.%'( &'&%&I
SourceB 6cono0ic Surveys" OI
$oteB 9hese are e7port-wei#hted indices with wei#hts based on direction of India3s e7ports durin# &JJE-JI% 9he 4%S%A%" Japan" the 4%=%" er0any and !rance are
included in the .-country inde7 and $etherlands" Italy" Bel#iu0" Swit*erland and Australia are included" in addition" in the &'-country inde7%

ANALYSIS OF MULTIPLE REGRESSION OF TRADE !ITH TRADE INDE- AND E-CHANGE RATE (FROM 1,%, TO 2++$*
After calculation in SPSS the followin# re#ression e?uation has been derivedB
6TPM-EJ'JF%FOIF%&J 4I6TPOJJ%-E& 5O2I$6TPO.'H%.'( $66R.-H.J%E'F R66R&'-&&J%''I R66R&'
;&%-(E< ;I%&F&< ;E%(I(< ;-'%HI-< ;-'%&-(<
9he values of R" R
E
are '%JJH and %'JJ. respectively showin# that the stron# positive correlation e7ists between trade 0easured in ter0s of e7ports and other
variables ;unit inde7 e7port" volu0e inde7 of e7port" no0inal effective e7chan#e rate-. country inde7 and real effective e7chan#e rate-&' country inde7<%
!ro0 the above result it is ?uite clear that the unit inde7 of e7port and volu0e inde7 of e7port e7plain IF%&JL and JJ%-EL variation in 67ports% On the other
hand" $66R-. country inde7" R66R-&' country inde7 and e7plain al0ost .''L and -H.J%E'L variations in e7ports" thereby 0eanin# a very hi#h i0pact of these
indices on trade 0easured in ter0s of e7port%R66R-. country inde7 also have ne#ative relation with trade% 9he fi#ures in parentheses show t-values%

T0H>6 1/, DIETARY COMPOSITION IN CHINA AND INDIA, 1,," AND 2++2 =Pe! $e#t>
P:8GE;3 CB410 I1G40
1,," 2++2 1,," 2++2
Alcoholic bevera#es -%F -%H -%' '%(
)ereals -F%' E-%' -H%J -F%'
6##s E%& E%( '%- '%(
!ish and seafood -%- -%. &%& &%&
!ruits .%' F%. H%. H%F
Meat F%I I%- &%E &%E
Mil: &%- &%H &(%' &(%(
Oil crops &%( '%J E%' &%.
Pulses '%- '%E -%& E%H
Starchy roots &'%I &&%& .%- .%.
Su#ar and sweeteners &%E &%' .%J .%F
Su#ar crops '%' '%' E%H E%J
5e#etable oils &%- &%- &%I E%&
5e#etables E.%. -.%& &-%. &.%J
Other &%. &%J &%- &%F
9otal &'' &'' &'' &''
Sou!"# 4$)9AD secretariat calculations" based on !AOS9A9%
VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
www%i1rc0%or#%in
J&
T0H>6 1/1+ PER CAPITA METAL CONSUMPTION, SELECTED COUNTRIES, 2++ =Ki(%"!*+ 0e! $*0it*>
)ountry Alu0iniu0 )opper $ic:el Steel

)hina (%' E%( '%& &JI%J
India '%I '%- '%' --%(
Japan &.%H J%( &%( F'-%E
Rep% of =orea E'%F &H%J E%( JH(%F
4nited States &J%- I%H '%( -(J%-
Sou!"# 4$)9AD secretariat calculations" based on >orld Ban:" G(%,*( E$%#%i$ P!%+0e$t+ E C%%)it3M*!:et B!ie&+" E''(@ International Iron and
Steel Institute" Stee( St*ti+ti$*( Ye*!,%%: 677F@ International )opper Study roup" C%00e! B2((eti#" &&;(<" E''(@ and 4nited $ations Depart0ent of 6cono0ic
and Social Affairs ;4$AD6SA<" Population Division" W%!() P%02(*ti%# P!%+0e$t+" Rev% E''Epublished in T:0G6 01G D6F6>8D5613 R6D8:3 2++$

TABLE 1/11 SHO!ING TRADE BALANCE OF INDIA !ITH THE US ;in 0illion 4S dollars<
YEAR E-PORT IMPORT BALANCE
&JH. &F(&%J EEJ(%I -F.E%H
&JHF &.-F%E EEH-%E -I(I%'
&JHI &(F-%F E.EH%( -&'F(%H
&JHH E.''%& EJ-J%. -(-J%(
&JHJ E(.I%. --&(%( -H.F%J
&JJ' E(HF%E -&JF%H -I&'%F
&JJ& &JJJ%( -&JE%( -&&J-%'
&JJE &J&I%& -IIJ%I -&HFE%F
&JJ- EIII%J (..-%F -&II.%I
&JJ( EEJ-%H .-'J%F --'&.%H
&JJ. -EJ.%H .IEF%- -E(-'%.
&JJF --EH%E F&FJ%. -EH&(%-
&JJI -F'I%. I-EE%. --I&.%'
&JJH -.F(%. HE-I%E -(FIE%I
&JJJ -FHI%H J'I'%H -.-H-%'
E''' -FFI%- &'FHF%F -I'&J%-
E''& -I.I%' JI-I%- -.JH'%-
E''E (&'&%' &&H&H%( -II&I%(
E''- (JIJ%I &-'..%- -H'I.%F
E''( F&'J%( &..IE%' -J(FE%I
E''. IJHJ%( &HH'(%E -&'H&(%H
E''F &''.F%E E&H-'%H -&&II(%F
E''I &I.HH%. E('I-%- -F(H(%I
E''H ;upto May< FHEI%. &'JJF%' -(&FH%.
CAGR (I* %/$ 11/$1
SourceB 4S )ensus Bureau" !orei#n 9rade Division" Data Disse0ination Branch" >ashin#ton D)

TABLE 1/12 SHO!ING E-PORT OF INDIA !ITH SELECTED REGIONS OF !ORLD
YEAR EU(2#* ASEAN S/ASIA N/AMERICA (USKCANADA* TOTAL
&JJF -("IH(%JJ
&JJI --"(FJ%J(
&JJH &-"JI."-&F%''
&JJJ ("&HH"(H.%&J JFJ".FJ%H' F&H"I&H%&E -"HHH"FE.%J& E-"&'.%.H
E''' ("HH.".F.%E- &"--&"&(-%I- HJE"H.J%IE ("..'"HJ-%IE HF-"('J%JH
E''& ("H(-"EHI%HI &"F(H"I&F%&F E"IIF"H-J%J& ("--J"'H.%HH &"'-'"JJF%JF
E''E ."I.E"(FE%&I E"E-."&..%F& &"-(I"IF'%-I ."F&'"JF(%&- &.'"E-F%I&
E''- F"FI'".F-%&E E"FI."&FI%(& &"JIE"J(E%I' ."F-'"..(%E. &EH"(H-%FE
E''( H"&JJ"..I%HH -"IH."HIH%'F .FI"(-J%(I F".I("FE.%EE &H-"JE'%&H
E''. &'"EH("EEE%EF ("F'J"((I%&H E"(.F"&-I%&( H"&-."'J.%'- &'J"H-F%FJ
E''F &E"&EJ"..(%H. ."I'I"F(F%H- E"JEI"('(%HE J"'-J"EJH%(I &.J"EFH%J.
E''I .I"&II"JEH%''
E''H (."H.E"E.E%''
CAGR (I* 16/$, 2%/%$ 1"/#$ 12/#2 "+/$

TABLE 1/1 SHO!ING INDIALS FIRST 1$ PRODUCT GROUPS AND FIRST 1$ COUNTRIES ( 1$-1$ MATRI-* MATRI- OF E-PORT FOR THE PERIOD APR.2+++ TO
MAR.2++% 5alues in Rs% )rore ;Provisional<
Y60: SEH 3830> 87 EJD8:3 87 1$ C8E13:46) T830> EJD8:3 87 C8558G432 I SB0:6 87 ;8E13:2 41 I1G40L) 3830> EJD8:3
AprE'''-MarE''& &-F"..-%I' E'&"-.F%(.U FH%IE
AprE''&-MarE''E &(E"-I&%I' E'J"'&I%JHU FF%-H
AprE''E-MarE''- &I."J-'%&' E.."&-I%EHU FF%&F
AprE''--MarE''( E'("IEI%H' EJ-"-FF%I(U FF%F&
AprE''(-MarE''.
AprE''.-MarE''F -'F"JF-%I' (.F"(&I%HIU FI%E.
AprE''F-MarE''I -FJ"H(.%'' .I&"IIJ%EIU F(%FH
AprE''I-MarE''H (FE"EHI%-' F('"&IE%&FU 62/%2
SourceB Ministry of )o00erce" OI


VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
www%i1rc0%or#%in
JE
TABLE 1/1" SHO!ING INDIALS FIRST 1$ PRODUCT GROUPS AND FIRST 1$ COUNTRIES (1$-1$ MATRI-* MATRI- OF IMPORT FOR THE PERIOD APR.2+++ TO
MAR.2++% 5alues in Rs% )rore ;Provisional<
Y60: SEH 3830> 87 I5D8:3 87 1$ C8E13:46) T830> I5D8:3 87 C8558G432 I SB0:6 87 ;8E13:2 41 I1G40L) 3830> I5D8:3
AprE'''-MarE''& 12+,%2/1+ 22%,+6/6"M .'%&I
AprE''&-MarE''E 1",,+$/%+ 2"$,1,,/#2M .&%HJ
AprE''E-MarE''- 16,,$6/++ 2,#,2+$/%6M .&%(.
AprE''--MarE''( 2+,,%,$/1+ $,,1+#/66M .(%E-
AprE''(-MarE''.
AprE''.-MarE''F %$,1%+/# 1",,16$/#M .'%&H
AprE''F-MarE''I 1+2,61/6+ 1%$,6+"/1+M F.%EJ
AprE''I-MarE''H 12#,$+#/,+ 2,,6$+/$1M FF%IF
SourceB Ministry of )o00erce" OI
9he percenta#e share of fifteen countries in India3s total e7port has #one down fro0 E''I-MayE''H i%e% fro0 FH%IEL to FE%HEL while the percenta#e of i0port
it has shown upward trend to al0ost &FL incre0ent durin# the last seven years;table &%&- 8 &%&(<%It is obvious that durin# post >9O period% 9he &.U&. 0atri7
is not in favour of India in ter0s of e7port but i0port has risen% Also" volu0e indices of e7port of India has shown declinin# trend fro0 E''E to E''I e7cept in
years E''( and E''I and the indices of i0ports are increasin# barrin# the period E''F and E''I;table &%&J<

TABLE1/1$ LEADING E-PORTERS OF AGRICULTURAL PRODUCTS, 2++6 a Includes Secretariat esti0ates% ;Billion dollars and percenta#e<
;Share in world e7portsAi0ports Annual percenta#e chan#e 5alue<
EJD8:36:) 2++6 1,%+ 1,,+ 2+++ 2++6 2+++.+6 2++" 2++$ 2++6
6uropean 4nion ;E.< ('.%E. .. -- (&%. (E%J &' &( I J
e7tra-64 ;E.< J.%-& ... ... &'%& &'%& J && H &-
4nited States JE%FF &I%' &(%- &E%J J%H ( ( ( &E
)anada ((%E- .%' .%( F%- (%I ( &J - I
Bra*il -J%.- -%( E%( E%H (%E &I EI &( &-
)hina -E%.( &%. E%( -%' -%( &E J &J &-
Australia EE%&H -%- E%J -%' E%- . -%. (%.
9hailand E&%.H &%E &%J E%E E%- &' &- ( E&
Ar#entina E&%-- &%J &%H E%E E%- &' &- &E &&
Indonesia &H%-E &%F &%' &%( &%J &. EI &F -'
Russian !ederation &I%'F -- -- &%( &%H &( &- E' &F
Malaysia &.%.I E%' &%H &%. &%F &E &( E &F
Me7ico &(%FJ '%H '%H &%F &%F H &- &- &I
India &(%(& &%' '%H &%E &%. &( H EF -(
$ew Vealand &-%E( &%- &%( &%( &%( &' E( I E
)hile &&%(J '%( '%I &%E &%E &' EE && &(
AH8F6 1$ #%"/+, - - %/$ %/+ - - - -
SourceB >orld 9rade Report E''I

TABLE1/16 LEADING IMPORTERS OF AGRICULTURAL PRODUCTS, 2++6 a Includes Secretariat esti0ates% ;Billion dollars and percenta#e<
;Share in world e7portsAi0ports Annual percenta#e chan#e 5alue<
I5D8:36:) 2++6 1,%+ 1,,+ 2+++ 2++6 2+++.+6 2++" 2++$ 2++6
6uropean 4nion ;E.< (--%FF --- --- (E%- (-%- J &( F H
e7tra-64 ;E.< &E-%IE &-%- &E%( H &- . J
4nited States &'-%F. H%I J%' &&%F &'%- I &( J H
Japan F.%FE J%F &&%. &'%( F%F & &E & '
)anada E-%J. &%H E%' E%F E%( H H && &E
)hina .&%F. E%& &%H -%- .%E &H -J I &(
+on#:on#" )hina &&%J' &%E &%J E%' &%E ' - & I
Swit*erland H%H. &%E &%- &%' '%J H J ( I
Me7ico H%(F &%E &%E &%H &%H J && I &E
Malyasia H%.' '%. '%. '%H '%H && -I - &I
Russian !ederation E-%-H &%F E%- &I &- E- EE
=oria" Republic of &H%.H &%. E%E E%E &%J F && . &&
Me7ico &H%(F &%E &%E &%H &%H J && I &E
India I%H( '%. '%( '%I '%H &E I I I
Saudi Arabia H%.F &%. '%H '%J '%J I &E -& -F
9aipei" )hina J%FI &%& &%( &%- &%' - &- . E
AH8F6 1$ #,%/,, %2/1 #,/% -
SourceB >orld 9rade Report E''I

TABLE 1/1#SHO!ING TRADE E-PANSION VARIES AMONG THE LEADING SOUTH.SOUTH TRADERS IN 1,,+.2++1 ;Billion dollars and percenta#e<
C8E13:2 E-PORT IMPORT
A11E0> I0=6 ;B01=6 A11E0> I0=6 ;B01=6
E''&;bW< &JJ'-J. &JJ.-E'' &JJ'-E''& E''&;bW< &JJ'-J. &JJ.-E'' &JJ'-E''&
)hina IE &J%I J%& &-%H I& E-%. &'%J &(%(
Malaysia (E E'%I .%F &'%. -- E'%. F%H &&%&
9hailand EH EI%F -%F &-%& EH &.%' -%H H%E
India &J E(%I H%- &.%E EI &E%( &J%I &-%-
Bra*il EE &F%. &%I J%' EE &(%H -%. I%I
Saudi Arabia -- F%- &&%& I%& J .%I (%J (%J
Indonesia E. &J%- J%' &&%. &F &(%& -%H I%E
4A6 &H .%H &-%. H%F E& E. &'%F &F%E
Me7ico H &J%' (%I &'%J EF &J%E EJ%J E(%I
SourceB T!*)e *#) De1e(%0e#t Re0%!t, 677/, UNCTAD
VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
www%i1rc0%or#%in
J-
TABLE 1/1% GATT@!TO 6+ YEARS OF TARIFF REDUCTIONS XM!$ tariff reduction of industrial countries for industrial products ;e7cl% petroleu0<Y
I0ple0entation Period Round covered >ei#hted tariff reduction >ei#hts based on M!$ i0ports ;year<
&J(H eneva ;&J(I< -EF &J-J
&J.' Annecy ;&J(J< -- &J(I
&J.E 9or?uay ;&J.'-.&< -( &J(J
&J.F-.H eneva ;&J..-.F< -- &J.(
&JFE-F( Dillon Round ;&JF&-FE< -( &JF'
&JFH-IE =ennedy Round ;&JF(-FI< --H &JF(
&JH'-HI 9o:yo Round ;&JI--IJ< --- &JII;or &JIF<
&JJ.-JJ 4ru#uay Round ;&JHF-J(< --H &JHH;or &JHJ<
N%te; 9ariff reductions for the first five rounds refer to the 4nited States only% 9he calculation of avera#e rates of reductions is wei#hted by M!$ i0port values%
9he recently released 4$)9AD report on 9rade and Develop0ent;E''H< reveals that volu0e indices of e7port has #one down fro0 the year E''E to E''I e7cept
in the year E''(%>hile on the other hand" volu0e i0port inde7 has shown an increased trend durin# the last five years of observation% India3s stron#est
co0petitor )hina has been able to control the decline in e7port indices while i0port indices of this country shows volatile behaviour% As an overall trend" it is
obvious that developin# econo0ies have shown declinin# trend in #rowth rate of e7port indices than the world as a whole%9he developed econo0ies have
si#nificant #rowth in volu0e indices of i0ports%

TABLE 1/1, SHO!ING E-PORT AND IMPORT OF GOODS BY REGION AND ECONOMIC GROUPINGS ;La#e chan#e over previous year<
R6=481@ ;8E13:2 V8>E56 41G4;6) 87 6JD8:3 V8>E56 41G4;6) 87 45D8:3
/ear E''E E''- E''( E''. E''F E''I E''E E''- E''( E''. E''F E''I
>orld (%. F%- &&%( .%E H%& .%. (%E I%I &E%& I%& I%- .%H
Developed econo0ies of which E%- -%& H%( (%J I%I E%H -%' .%& J%' .%J .%H E%-
Japan I%I J%E &-%( .%& &&%H H%E &%& .%J F%- E%' (%. '%F
4S -(%' E%J H%I I%( &'%. F%H (%( .%. &'%H .%F .%I '%H
Developin# econo0ies of which H%H &E%J &F%I F%- J%E J%- F%F &E%J &H%( H%. H%J &'%H
)hina E(%' -.%- --%' EF%E E(%( E-%- EE%. -.%E E.%J I%. &&%. &F%&
South Asia &-%H &&%H &&%. F%I -%- H%H &E%' &.%' &.%J &(%J F%& .%(
India &I%( &-%F &J%. &(%H &'%. &E%- &'%( &H%I &J%( E'%H F%F &-%&
SourceB 9rade and Develop0ent Report" 4$)9AD" E''H
MAJOR FINDINGS AND SUGGESTIONS
Based on the above analysis and interpretation of data" the followin# findin#s can be derivedB
9he forei#n trade ;0erchandise and service< of India with rest of world in pre and post >9O re#i0es is ?uite unaffected by the e0er#ence of >9O% In fact
there is no si#nificant variation between the 0eans of L a#e of i0ports and e7ports durin# pre and post >9O phases% 9hus" the first two hypotheses have
been accepted%
9he present status of forei#n trade of India is showin# increasin# trends in ter0s of e7ports and declinin# trend in ter0s of i0ports%
9he e7chan#e rates ;no0inal and real< and the trade 0easured in ter0s of volu0e and unit indices have a direct correlation with the trade 0easured in
ter0s of e7port and i0port%
India should initiate bipartite trade a#ree0ents with the countries rather than co0plyin# only on the >9O a#ree0ent for enhanced trade%
India should loo: on the sectors where there are less tradin# activities and e7plore new possibilities in different sectors as the re#ional trade a#ree0ents
can lead to syner#y in forei#n trade%
India should pro0ote 0ore patent re#istration by i0provin# capacity buildin# to enhance e7ports and also ta:e benefit of fore7 volatility%
9he e7ploration of possibilities of trade with countries of African and Asian continents should be prioriti*ed in forei#n trade policy%

SCOPE OF FURTHER STUDY
9here is a need to study the cross country and cross co00odity co0parisons on forei#n trade with India and different countries% 9he sectoral analysis of trade
and the i0pact of tariff reduction and patents ;R8D< on trade can be done% 9here 0ay also be studies on the i0pact of re#ional trade bloc:s in the broader
confines of the >9O%

REFERENCES
&% B6:=)361,C/F:6G" Zlobali*in# !ree 9radeG F%!ei"# A&&*i!+" 5ol%I."$o%-"pp-&'.-&E'"May-June&JJF
E% F6G6:, G6:)B81 (1,%*/ ZOn e7ports and econo0ic #rowthG" J%2!#*( %& De1e(%0e#t E$%#%i$+, vol% &E" $os% & and E" pp% .J-I-%
-% G8>G)3641, M/ 01G M/S/ KB01 (1,#%*/ Z9he supply and de0and for e7portsB a si0ultaneous approachG" The Re1ie' %& E$%#%i$+ *#) St*ti+ti$+, vol% F'" $o%
E" pp% EI.-EHF%
(% P8GG0:,TE)B0:" Z4nderstandin# India3s 67port Dyna0ics of &JJ'sG I#te!#*ti%#*( M%#et*!3 F2#)" 6uropean 9rade Study )onference"Sept%E''(
.% R82, S04A03 S41B0" ZPersistence in India3s Manufactured 67port Perfor0anceG RIS Di+$2++i%# P*0e!+" Research and Infor0ation Syste0 for $on-Ali#ned and
Other Developin# )ountries"E''E
F% K0E)B4A KK& P0:0)" Z9rade 2iberalisation and 67port Perfor0ance in IndiaB A Statistical 5erificationG F%!ei"# T!*)e Re1ie'" 9he paper was accepted for
presentation at the International society of 6colo#ical 6cono0ists )on#ress"E''';E-(JulyE'''< at Australian $ational 4niversity" )anberra" Australia%
I% F8:64=1 T:0G6 P8>4;2" 2++".2++,:A))6))5613 87 M098: F60)3E:6)G Re+e!1e B*#: %& I#)i* B2((eti#" $ov%E''(pp-JII-JH(
H% !0GBC0,CB0:01 D, NIndia3s 67port Perfor0ance and PoliciesB An AppraisalG Vi:*(0*"5ol%E-"$o%&"Jan-Mar &JJH pp-F&-I(
J% K0E)B4A KK&S019E K0:8>, N67port Instability"Invest0ent and 6cono0ic rowth in the $ew 6cono0ic 6nviron0entG WTO *#) the I#)i*# E$%#%3" pp-EEJ--
E-H
&'% D0)B, A:E10 KE50:& V/N0:0)41=B01, NI0pact of 67chan#e Rate 5olatility on 67ports in the Indian 6cono0y durin# the Post 2iberali*ation PeriodB An
60pirical Investi#ationG I#)i*# J%2!#*( %& E$%#%i$+ *#) B2+i#e++"5ol%-"$o%&;E''(<pp-&I.-&HI
&&% DB8>0A40, R0F41G:0 H& D66D0A K0DE:, NDeter0inants of 67port Perfor0ance of Indian !ir0s-a Strate#ic PerspectiveG
&E% SEG0:)01 PK, NIndia3 Software 67portsB rowth and I0port IntensityG"A+i*# E$%#%i$ Re1ie',Au#%E''(5ol%(F $o%E pp-EJ(--'&
&-% R02, S8E=030, N6nviron0ent Strate#y-Perfor0ance 2in:a#eB A Study of Indian !ir0s durin# 6cono0ic 2iberali*ationG" Vi:*(0*, 5ol%EJ"$o%E"April-June E''(
&(% T:0G6 01G D6F6>8D5613 R6D8:3), 4$)9AD different years
&.% !8:>G T:0G6 P:874>6), >9O respective years
&F% IMF (2++#*% I#te!#*ti%#*( Fi#*#$i*( St*ti+ti$+ Ye*!,%%: 6778 ;>ashin#ton" D%)%<%
&I% I1G40 (2++"*/ ZPreli0inary report on $9BsG" 6cono0ics Division" Ministry of )o00erce" $ove0ber%;E''F<%
&H% E;81854; SE:F62)" 5arious /ears" OI
&J% EJD8:3 I5D8:3 D030, M414)3:2 87 C8556:;6, GOI
VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
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RE$UEST FOR FEEDBACK

D60: R60G6:)

At the very outset" International Journal of Research in )o00erce" 6cono0ics and Mana#e0ent ;IJR)M<
ac:nowled#es 8 appreciates your efforts in showin# interest in our present issue under your :ind perusal%

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9han:in# you profoundly

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VOLUME NO. 2 (2012), ISSUE NO. 3 (MARCH) ISSN 2231-4245
INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, ECONOMICS & MANAGEMENT
A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories
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