India Is an Important Member of the World Trading Community. It Is the Largest Producer of Some
Foods Products In the World.In the Current Context of Liberalization and Increasing Global Integration Of
Economies, It Would Be Unfair to Compare Livestock Sector of India With That Obtaining In Most of the Vastly
Modern and Technologically Far Advanced Western Block Countries In Terms of a Produce That Is Globally
Competitive. However, Despite Several Weaknesses In Terms of Adoption of Improved Technique, the Share
Of Livestock In Gross Output of Agriculture and Allied Activities Has Been Showing a Growing Trend Due
Mainly to Dependence of Millions of Indian Farmers on This Secondary Remunerative Source Of
Agricultural Income. Thereby, the Paper Focuses on the Challenges to India’S Live Stock Exchanges Which
Is Centred on the Sps Measures of Developed Countries and Are In Most Cases Stringent or Higher Than
International Standards.
In Light of This Context, the Article Makes an Effort to Evaluate Not Only the Importance of the Livestock
Industry to the Domestic Economy But Also the Potential Effects of Economic Reform Under the Wto
Framework on the Local Market. It Is Believed That the Free-Trade Framework Established By the Wto
Presents Many Possibilities As Well As Risks For India's Livestock Sector. the Study Draws Attention to A
Number of Concerns That Must Be Addressed In Order to Maintain India's Livestock Industry In the Wto
Age, When Wealthy Nations' Livestock Are Lavishe ...