What was the impact of globalisation on agriculture
Answers
Answer:
Since colonial times, Indian agriculture is facing impact of globalisation. In the 19th century, European traders came to India and exported Indian spies to different parts of the world. In 1917, Indian farmers revolted in Champaran against being forced to grow indigo in place of foodgrains. Thus, globalisation has had its boons and banes for Indian agriculture.
• Due to globalisation the Indian farmers might have to force much unstable prices for these products fluctuated largely on year-to-year basis.
• Export of major agriculture commodities have been liberalised.
• Major transformation took place with the introduction of high-yielding varieties of crops.
• Innovation, coupled with investments in infrastructure , expansion of credit marketing and processing facilities led to a significant increase in the use of modern inputs.