InterviewSolution
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Write a note on ‘Global market and Indian agriculture’. |
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Answer» India has adopted the policy of globalization under the economic reforms of 1991. One of the objectives of the policy was to enable the Indian farmer to sell his farm products in world markets and earn good profit. Following are the impacts of globalization on Indian Agriculture. Positive impact: Due to globalization many charges took place in Indian agriculture. The government has simplified the process to export or import crop productions which has helped Indian agriculture to reap the benefits of globalization. For example, owing to government policies, we now export cotton, chilies and til to China and other countries. Similarly, fruits from various parts of the world are now available in Indian market. The costly ‘generally modified’ seeds sold by the multi-national companies are now available in India. Although use of these seeds is costly, but it has increased our production of cotton and maize. Negative impacts: Our some products like turmeric are unique and sold globally. There is now strong need for India to patent such products at world level to save them. The negative aspect of easy imports is that Indian agricultural products now face foreign competition. Moreover, to compete with international products in foreign market India will have to adopt new production technologies to increase production and productivity and improve quality. If we are unable to do so then this may pose a serous threat to export income and also prices of local production. As a result, India has to prepare itself for another Green Revolution to stand in competition with the foreign nations. |
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