Impact of Fdi to Farmers in India
IMPACT OF FDI TO FARMERS IN INDIA Shanmuga sundaram.S (MBA 1st year student Garden City College) ABSTRACT The goal of this paper is to examine the opportunities, challenges, responsibilities and recommendations for Foreign Direct Investment (FDI) impact on farmers in India. Since last two decades India is the attractive and profit oriented market for the investment to developed countries. FDI is an easy path to enter the market of developing countries as India which has vast consumer market, big retail sector, reach aggregate demand, inadequate domestic supply, weak infrastructure, lack in technological background, political instability, low GDP, poor management skill, sick investment promotion strategies, government outlook towards investment, inadequate finance and unemployment all these factors are responsible for the attraction of developed countries about FDI in India. This paper will give a brief explanations regarding how FDI is going to help farmers in India in sectors like Agriculture, Seed production and Retail sector in India and the conclusion part will show that India needs FDI but it must help everyone in India to be benefited.
KEY WORDS; FDI, Agriculture, Seed production, Consumer market, Aggregate demand, GDP,
1. INTRODUCTION Today the hot most debated topic and emotive reactions are because of FDI in India is one of the most stirring and promising markets in the globe. Technical and Skilled human resources are the finest available in the world. Private sector is the lifeblood of economic activity in India which is energetic and well spirited. Middle class population of India is greater than the population of the USA or the European Union which provide India a key place in International competition. Starting from a baseline of less than $1 billion in 1990, India reached more than $24.2 billion to FDI in 2010. A recent UNCTAD survey projected, India as the second most important
KEY WORDS; FDI, Agriculture, Seed production, Consumer market, Aggregate demand, GDP,
1. INTRODUCTION Today the hot most debated topic and emotive reactions are because of FDI in India is one of the most stirring and promising markets in the globe. Technical and Skilled human resources are the finest available in the world. Private sector is the lifeblood of economic activity in India which is energetic and well spirited. Middle class population of India is greater than the population of the USA or the European Union which provide India a key place in International competition. Starting from a baseline of less than $1 billion in 1990, India reached more than $24.2 billion to FDI in 2010. A recent UNCTAD survey projected, India as the second most important
References: 1. Economic Reforms, Foreign Direct Investment and its Economic Effects in India by Chandana Chakraborty Peter Nunnenkamp March 2006 2. Reserve bank of India online databases on FDI in farming Retrieved from (https://reservebank.org.in/cdbmsi/servlet/login/) 3. Retrieved from blog’s at Economic time’s news paper. 4. Retrieved from publications at dipp.nic.in. 5. Retrieved from tamilnadu agricultural university Coimbatore publications at www.tnau.ac.in/. 6. D. Gupta, “Whither the Indian Village, “Economic and Political Weakly, February2005. 7. P Shivakumar and S Senthilkumar, ‘Growing Prospective of Retail Industry in and around India”, Advances in Management, Vol 4(2), 2011.