benefits and problems of estate farming
Answers
✨ Answer ✨
Local economy may badly suffer following retrenchment of labour; unemployment may increase. (g) Plantation farming is not good for ecology. Over-exploitation and absence of crop-rotation depletes soil fertility and increases soil erosion.
Explanation:
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Answer:
1. The entrepreneurs inject substantial capital to the moribund, under-developed economy that converts it into a vibrant, dynamic economy.
2. Product of the plantation farming is totally dependent on international market. The slightest price fluctuation in the international market may jeopardize the system.
3. As it is totally export-oriented, the net volume and value of national export increases, adding valuable foreign exchequer to the national exchequer.
4. It absorbs thousands of labourers, reducing the growing unemployment problem.
5. Plantation farming is a complex mechanism; it involves creation of not only industrial plants but also construction of civic amenities like roads, housing projects, schools, colleges, hospitals, administrative projects etc. Eventually, urbanization rate is accelerated.
Disadvantages of Plantation Farming:
Plantation farming, despite its several merits, is not flawless. Sometimes, it adversely affects regional economy as:
(a) It is not a spontaneous occurrence, rather, it has been developed by outsiders. So, interest of the local inhabitants are not sustained in the long run.
(b) It produces only one product—tea, coffee etc. —which is sold in the external market. So, the local people suffer from food shortages that might have been cultivated.
(c) Exodus of money in the form of profit goes to foreign lands which in no way improves the local economy.
(d) In most of the cases cheap labourers are collected from outside and technical expertise from faraway lands. This system fails to deliver any good to the local unemployment scenario and aggravates social tension. Sons of soil clash with outsiders.
(e) Planters, to expand their business, try to grab the land of farmers in several ways. This creates more and more landless, uprooted people.
(f) Due to dependence on international market for the sale of the product, any price and demand fluctuation may have catastrophic result in the farming. Local economy may badly suffer following retrenchment of labour; unemployment may increase.
(g) Plantation farming is not good for ecology. Over-exploitation and absence of crop-rotation depletes soil fertility and increases soil erosion.
(h) As most of the owners of plantation estates reside outside the country—particularly at the initial stage of development—they have very little interest in the development of the region.
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