Question

Impact of globalization on agriculture ?(only main points)

Answer 1

1)Due to globalisation the Indian farmers might have to force much unstable prices for these products fluctuated largely on year-to-year basis .

2) The impact of trade liberalization on the prices of agricultural products at international level and domestic level depend on what policies other countries follow .

3) Export of major agriculture commodities have been liberalised.

4) Major transformation took place with the introduction of high-yielding varieties of crops .

5) This innovation , coupled with investments in infrastructure , expansion of credit marketing and processing facilities led to a significant increase in the use of modern inputs.