Economy, asked by PARTH0898, 1 year ago

Impact of globalization on indian agriculture explain in detail​

Answers

Answered by anagha2166
0

Answer:

may help

Explanation:

1% increase in the agricultural growth leads to 0.5% increase in the industrial output and 0.7% increase in the national income in India. As a result, the government of India announced agriculture as the prime moving force of the Indian economy in 2002.

Answered by sonali663
6

Answer:

Under globalisation, particularly after 1990, the farmers in India have been exposed to new challenges. Despite being an important producer of rice, cotton, rubber, tea, coffee, jute and spices our agricultural products are not able to compete with the developed countries because of the highly subsidised agriculture in those countries.During the British period cotton belts of India attracted the British and ultimately cotton was exported to Britain as a raw material for their textile industries. Cotton textile industry in Manchester and Liverpool flourished due to the availability of good quality cotton from India.

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