Question

what are impact of globalization on agriculture ?

Answer 1

Indian agricultural has suffered adverse from impact of globalization the impacts are: Agricultural land has been taken or encroached for development of industries  because of globalization the competition in agriculture sector has increased, US has got many of   India’s high earning agricultural products patent in WTO (like - basmati rice , turmeric etc. ) and that’s why you need to pay US government for their production.  FDI was introduced in industrial and service sector but agricultural sector was kept protected and hence capital formation in agricultural is negligible.  Though green revolution was introduced but it was limited only to Punjab , Haryana and western UP. Other areas which are dependent on agriculture are still backward and monsoon dependent




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