Do you think India has scope in handloom and handicrafts exports?

Solution

India is a developing country. It does not have the access to developed countries market because of high non-tariff barriers. Although all quota restrictions on export of textiles and clothing have been removed but the developed countries have not removed their quota restriction on import of textiles from India. On the other hand, the government started to reform the power sector. The most important impact of these reforms is high hike in power tariff. The impact of high tariff on power energy has been very serious. The power producers have failed in providing quality power to powerloom industry. The wages of the powerloom workers are linked to the production of cloth. Power cuts means cut in wages of weavers. This has led to crises in the livelihoods of the weavers. In such a situation, we cannot say that there is a scope in handloom exports.

Some More Questions From Liberalisation, Privatisation And Globalisation : An Appraisal Chapter

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Liberalisation, Privatisation And Globalisation : An Appraisal

Do you think India has scope in handloom and handicrafts exports?

Some More Questions From Liberalisation, Privatisation And Globalisation : An Appraisal Chapter

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