Question

Explain your opinion in 25 to 30 words on the following:

Globalisation has an impact on agricultural sector in India.

Answer 1

• Globalisation is the swift expansion and exchange of goods, services, technology, information, ideas, culture, and trade on a global scale.
• Since the early 1990s, globalisation has significantly influenced various spheres, including the economy, society, culture, and politics.
• The agricultural sector has also been affected, with many farmers moving away from traditional farming methods toward unsustainable practices focused on cash crops.
• Globalisation has allowed multinational companies to dominate the Indian market, leading to farmers' growing reliance on costly high-yield variety (HYV) seeds, chemical fertilisers, and related inputs.