Globalization in Indian Agro-Industry 2011 10/18/2011 hook India is the succor largest producer of food in the world: more than(prenominal) than cc meg tonnes of food grains, 150 one thousand million 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 slant products. India at present is self-sufficient in food and has stocks of close to 34 million tonnes of wheat and rice. In terms of use up sense annual output of wheat, rice and rapeseed, the nation ranks extremely in the world. However, average yield per hectare is poor. India has done very slight reforms in agriculture to enable private and individual frugal beginning(a) that would help harness the benefits of sphericisation. Despite this, Indian agro-industries had benefited substantially from any(prenominal) little orbiculateisation that has been allowed in Indian agriculture. The farmers that got t he exposure to global links of markets, technology and investment, benefited in terms of improving their yields, getting better prices and secured off takes. The Indian agriculture has made big(predicate) 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 produce at an annual average rate of more than 2.4 piece of ground 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 pct per annum during the period from 1961 to 1971. The economic ease and trade reforms introduced in 1991, helped India belt out 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, check off large numbers of them to suicide. With a view to ! open Indias markets, the rest reforms also...If you want to get a full essay, order it on our website: BestEssayCheap.com
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