Effect of global recession on Indian agriculture

  • 01/07/2010

  • Indian Journal of Agricultural Economics

The global economy has faced two serious but unconnected crises in quick succession during the past four years. The years 2007 and 2008 witnessed an unprecedented rise in food prices which forced the global community to pay more attention to the agricultural sector. While many international development agencies and countries were devising strategies to fix problems in the food sector, another rather more serious crisis occurred around the same time known as the global financial crisis.