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Advantages And Disadvantages Of Fdi In Agriculture

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8. Seeds, manure, fertilizers and biocides are critical and basic input for attaining higher crop yields and sustained growth in agricultural production. As said above, farmers are usually unable to make lots of money, sometimes they find it difficult to break even too. In such situations, it becomes impossible for the farmers to buy high quality seeds as they are unreasonably high. Also, they are sold are main markets which makes them unreachable for the farmers too. When it comes to land, Indian lands have been growing crops for over a millennium without caring much for replenishing. This has led for the land to deplete and exhaust, leading to lower production. India being an agriculture based country, still produces the least average yields of almost all the crops in …show more content…

Also, as per the information provided by the Minister of State for Agriculture & Farmers Welfare, to attract more FDI in agriculture sector, 100% FDI has been allowed in coffee, rubber, cardamom, palm oil tree and olive oil tree plantations, besides tea plantation in which FDI has already been allowed. Hence, FDI is predicted to have a significant positive impact on the 700-million strong rural populations, living in about 600,000 small villages of India. Rapid investments in technology development, irrigation infrastructure, emphasis on modern agricultural practices and provision of agricultural credit and subsidies are the major factors contributed to agriculture growth. FDI in Indian agriculture sector increase employment opportunities. 2. Investments made by private companies - Last few years have seen major investment announcements in the agricultural sector by both national and international companies in the agriculture and allied

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