5 positive impact of globalization on Indian agriculture
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Positive Impact of globalisation:
Economic impact: Globalisation enabled greater access to technological advancements in
agriculture, including high yield varieties, genetically modified crops (GM crops) and micro-irrigation techniques. Foreign investment in agriculture in contract farming, cold storage and food processing have helped farmers. Access to foreign markets has greatly boosted Indian agricultural exports.
Social impact: Globalisation helped improve food productivity and production and helped transform rural agrarian societies. It has empowered the farmers to understand, reach out and compete in global markets. The new technologies, especially in irrigation, helped in addressing rural water stress and keeping agriculture viable. It has also helped change the agrarian society’s attitudes towards new technologies in farming.
Economic impact: Globalisation enabled greater access to technological advancements in
agriculture, including high yield varieties, genetically modified crops (GM crops) and micro-irrigation techniques. Foreign investment in agriculture in contract farming, cold storage and food processing have helped farmers. Access to foreign markets has greatly boosted Indian agricultural exports.
Social impact: Globalisation helped improve food productivity and production and helped transform rural agrarian societies. It has empowered the farmers to understand, reach out and compete in global markets. The new technologies, especially in irrigation, helped in addressing rural water stress and keeping agriculture viable. It has also helped change the agrarian society’s attitudes towards new technologies in farming.
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