large farmers were not impacted by the globalisation
Answers
Recent years have witnessed a marked acceleration in the tempo of globalization. Its
scope has also widened beyond the realm of economy to embrace the domains of
social, cultural and political norms and practices. This powerful thrust has been
associated with far-reaching consequences for economic well-being (Dharam Ghai,
1997). In the case of agriculture, globalization demands export oriented cash crop
farming, free trade, discouragement of subsidies, insistence on standards, and
enforcement of intellectual property rights. Globalization envisaged food security to
help augmenting availability of food grains, trade to bring about flexibility in the
matter of food security, increased access to food by the poor, increase employment
opportunities, and cash crops to earn foreign exchange. What has happened is quite
contradictory to these expectations. Globalization has resulted in the decline of
household subsistence production. People look for greener pastures in other countries
as laborers. Rural demographics are changing. While men leave, women are forced to
reduce farming. As we notice often in the press despair has led more than 17,000
Indian farmers to commit suicide in 2003 as was reported in New York Times on
September 19, 2006. An Inter Press Service story quotes that as many as 100,000
farmers committed suicide between 1993 and 2003.
Vandana Shiva (2000), a staunch supporter of small farmers, says that economic
globalization is leading to a concentration of the seed industry, the increased use of
pesticides, and finally increased debt. In the regions where industrial agriculture has
been introduced through globalization, higher costs are making it virtually impossible
for small farmers to survive.
What are the impact of Globalization on Indian farmers?
What's the minimum balance amount to be kept in SBI, Savings account in rural, semi-rural areas?
Originally Answered: What is the impact of globalization on Indian agriculture?
India entered in the process of globalization by 1991, when there was a severe economic crisis in the country. To overcome the economic crises, India approached the International Monetary Fund for financial assistance. IMF granted such assistance on the condition to make some structural changes and reforms in Indian Economy. In 1994, 124 countries along with India were signed Dankel Proposal, giving the final pass to proposal World Trade Organization was established in January 1995. The member countries involved themselves in globalization through WTO.
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