Social Sciences, asked by vaishnavmahesh2005, 10 months ago

Explain the positive and negative impact of globalization on agriculture sector

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Answered by Anonymous

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: Multi National Companies (MNCs) captured the Indian markets making farmers dependent on the expensive high yield seeds and fertilizers. Attraction of global market resulted in farmers shifting from traditional or mixed cropping to unsustainable cropping practices. The competition from cheaper imports pushed down the prices of crops like cotton, wheat etc making agriculture unsustainable for many farmers.
Social impact: Unsustainable agriculture practices post-globalisation and the inability to
compete against cheaper imports contributed to distress migration of rural farmers, destroying rural agrarian societies and traditional family structures. The dependency of MNC seeds resulted in farmers losing touch with indigenous seeds and farming methods. Globalisation caused change in food habits with increased consumption of proteins, sugars and fats causing increase in lifestyle diseases

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