Globalization Of Indian Agro-Industries

Globalization in Indian Agro-Industry 2011 10/18/2011 hoist India is the succor largest producer of food in the world: more(prenominal)(prenominal) than cc meg tonnes of food grains, 150 gazillion tonnes of fruits and vegetables, 91 million tonnes of milk, 1.6 million tonnes of poultry meat, 417 million livestock, and 6.05 million tonnes of angle and look for products. India at present is self-sufficient in food and has stocks of nigh 34 million tonnes of wheat and rice. In terms of kick in sense annual output of wheat, rice and rapeseed, the nation ranks passing in the world. However, average yield per hectare is poor. India has done very secondary reforms in agriculture to enable private and individual economic beginning(a) that would help harness the benefits of sphericisation. Despite this, Indian agro-industries had benefited substantially from whatever little world(prenominal)isation that has been allowed in Indian agriculture. The farmers that got the exposure to global links of markets, technology and investment, benefited in terms of improving their yields, get better prices and secured off takes. The Indian agriculture has made gravid strides over the years.

The food grain production has increased more than fourfold - from 51 million tonnes in 1950-51 to 212 million tonnes during 2003-04 growing at an annual average rate of more than 2.4 parcel of land per annum. India has been both an importer and exporter of agricultural commodities for a very long time. Indias agro-industries exports were growing at a rate of only 0.78 percentage per annum during the peri od from 1961 to 1971. The economic ease and! trade reforms introduced in 1991, helped India thrill along the growth rate of exports to 7.42 percent per annum. But as every(prenominal) coin has two sides, thus same has globalization on Indian agro industries. Globalization has caused misery and despair among millions of Indian farmers, guard large numbers of them to suicide. With a view to open Indias markets, the relaxation method reforms also...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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