What is the impact of globalisation on agriculture
sector in India? What are the solutions to deal
with this challenge?
Answers
Answer:
In an Indian context, it implies opening up the economy to foreign direct investment and provide entry to Multinational corporations in India. The process of globalization has revolutionized World Agriculture and allied sectors directed to improve the efficiency productivity and cost competitiveness
Explanation:
The impact of globalization on Indian agriculture has been felt since colonial times.
Raw cotton and spices were important export items from India. In 1917, Indian farmers revolted in Champaran against being forced to grow indigo in place of food grains, in order to supply dye to Britain's flourishing textile industry. Thus, globalisation has had its boons and banes for Indian agriculture.
Post liberalization, Indian farmers face new challenges in the form of competition from highly subsidized agriculture of developed nations. This prompts the need for making Indian agriculture successful and profitable by improving the conditions of small and marginal farmers, countering the negative effects of Green Revolution, developing and promoting organic farming, and diversifying cropping pattern from cereals to high-value crops.