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Volume : II, Issue : VIII, September - 2012

Globalization of the Agricultural Economy: A Challenge or Opportunity before Indian Agriculture

D. L. Jamge

Published By : Laxmi Book Publication

Abstract :

Since the new economic reforms of 1991, the Indian economy is going through the phase of globalization. At the same time Indian agriculture has also to with globalized economy. Globalization is becoming a challenge and also the opportunity before agriculture of India. So, the bank credit availability to agriculture and agro based industries must be improved. This would be favorable terms of trade, liberalized domestic and external trade for agricultural products attracted private investment in agriculture in recent years. It is likely that with the appropriate policy initiatives, the process of globalization of agro industries will accelerate in the future.

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Cite This Article :

D. L. Jamge, (2012). Globalization of the Agricultural Economy: A Challenge or Opportunity before Indian Agriculture. Indian Streams Research Journal, Vol. II, Issue. VIII, http://oldisrj.lbp.world/UploadedData/1326.pdf

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