Analyze the impact of liberalization and globalization on Indian agriculture and the challenges faced by farmers in the globalized economy. (Answer in 250 words) 15 marks
Introduction
India transitioned from closed market economy to open market economy through the implementation of LPG [Liberalization, Privatization, Globalization] reforms in 1991. These LPG reforms had wide impact on all the sectors including agricultural sector.
34 words
Main Body
Positive impacts of LPG on Indian agriculture
Total foodgrain production
Variety of horticultural crops like fresh vegetables, spices, medicinal plants etc. Introduced in India - largest producer of fruit and largest producer of vegetables
Agro-forest growth and diversity of crop varieties catering to food processing industry & other manufacturing sector
Conflict farming with Laws or policy considerations
Negative impacts of LPG on Indian agriculture
a) Breach & extension services
a) Cotton price decline
b) FFFE p1 Various form of nutrition by other countries & multilateral institutions
Challenges of globalization on farmers
a) Challenges in acquiring fertilizers during Ukraine-Uzbek conflict
Comprehensive agricultural trade policy
Supply chain resilience through
Way forward - infrastructure development, collaboration with WTO-minded nations at WTO
Some globalization is inevitable in general, Indian farmers capacity must be enhanced to compete globally
However [Challenges exist]
Government measures in implementing AI & ML
Therefore, India must fully realize the potential wrt technology to bring forth both nutritional security & food security
Diagram
Flowchart showing 'Way forward' with branches to: Supply chain resilience through infrastructure development; Collaboration with WTO-minded nations at WTO
- Balanced analysis with both positive and negative impacts
- Specific data provided (foodgrain production 1990-91 to 2022-23)
- Clear categorization of impacts
- Mentions current global issues (Ukraine conflict)
- Addresses challenges comprehensively
Sachin
Effects of Globalization on Indian society
Impact on agriculture and farmers
Liberalization and agricultural challenges
405
Total words
12
Paragraphs
2
Bullets
Analytical and structured
Tone