do you think that globalization has negative impact on Indian agriculture ? support your answer with at least 3 points
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The Positive impacts of globalization on Indian agriculture are as under :- 1. ) Increase National Income – Receiving the international market for the agricultural goods of India, there is an increase in farmer's agricultural product, new technology, new seeds etc. helped to grow the agricultural product
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The various negative Effects of Globalization on Indian Industry are that it increased competition in the Indian market between the foreign companies and domestic companies. With the foreign goods being better than the Indian goods, the consumer preferred to buy the foreign goods.
Another negative factor to globalisation is the lower wages that are given to labourers. In order to compete in the world market, exporters try and cut labour costs and workers are denied their fair share of benefits as manufacturers are always on the look out for cheaper labour .
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