describe the impact of globalization on india agricultural
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Answer:
Impact of Globalization on Indian Agriculture
Globalization refers to increases in the movement of finance, inputs, output, information, and science across vast geographic areas. The gains from globalization increase net income in many places and facilitate decreases in levels of poverty and may thereby increase levels of food security. However, there is an implication of frictionless movement and perfect knowledge that understates the requirements for benefiting from globalization.
These trends have been underway throughout history. As reflected in the previous chapter, they have moved unusually rapidly in recent times because the cumulative breakthroughs in basic science have allowed an extraordinary acceleration in the reduction of transfer costs. Real costs of information transfer and shipment of goods have declined rapidly, while perishability and bulk have been drastically reduced. Concurrently, increases in per capita income in many regions, and in the total size of the market, have allowed scale economies to be achieved for myriad new products, most of which involve value added processes that themselves require investment and improved technology. These rapid changes have allowed a great increase in specialization in agriculture, and consequently lower costs and rapid growth in trade.
Answer:
globalisation has posed and new challenge to Indian agriculture through India is an important producer of many crops it is not able to complete with the developed countries because agriculture is highly subsidized in other countries it is only when Indian farmers diversify from elevation of caerals To high