Effects of Globalization on Agriculture
Globalization contribute to the national economy of India and supports agriculture in numerous ways. Some of the important effects of Globalization on Agriculture are as follows:
- Any event or phenomena in any part of the world will impact the pricing scale of commodities in India.
- Despite the processes of low labour costs and high effectivity of the labour force, the products are not able to compete in the global market with heavily subsidized products from other countries.
- Increase growth and production in agriculture.
- Availability of new job opportunities, helping in growth of economy.
Impact of Globalization on Agriculture
Impact of Globalization on Agriculture has been huge and has affected the economy of the country significantly. Agriculture is the primary occupation for the people of India, especially in rural India, and has great importance. Globalization has affected and impacted the sector greatly.
Table of Content
- What is Globalization?
- Impact of Globalization on Agriculture
- Positive Impacts on Agriculture
- Adverse Consequences on Agriculture
- Effects of Globalization on Agriculture