Effects of globalisation on the indian farming sector both positive and negative
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The new economic reform, popularly known as, Liberalization, Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. ... Globalization had its impact on various sectors including Agricultural, Industrial, Financial, Health sector and many others.
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Increased free and open international trade, foreign investment, technology exchange etc. are all integral to the globalised world. Globalisation had a significant impact on Indian agriculture – in many good and some bad ways.
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