Since independence, India has come a long way from being a food-deficit to a food surplus country. With its varied agro …-climatic conditions and large production base, the country has become a leading exporter of fresh and processed food products. The Indian … government is keen to promote exports of fresh and processed food products and, in recent years, the government has come up with …

extended model with an infinite horizon, idiosyncratic risk and more realistic assumptions is used to demonstrate the general …