Question

Give any two effects of globalisation on Indian agriculture.

Answer 1

Challenges posed by Globalisation: Globalisation has opened Indian marketplaces to the world. Foreign products, especially agricultural products, can now be easily imported into India and exported to other countries. Indian farmers are facing significant challenges from international competition. This is because

1. Developed countries have significantly better yields per hectare for major crops than India.
2. Farm product prices are decreasing globally, but increasing in India. Prices are decreasing on the worldwide market due to:
   1. Using modern farm machinery has reduced production costs.
   2. Biotechnology advancements have enabled farmers to access more productive seeds.
   3. Subsidies for farmers in wealthy countries lead to lower production costs.
3. Reduced import levies on agricultural products have negatively impacted Indian agriculture.