Posts

Showing posts from May 14, 2016

Economic collapse in India and Agriculture

What will happen if there is an economic collapse in India? Here we will consider how the people will react there is an economic collapse in India causing food shortage, starvation, huge unemployment, huge government debts and deficits, loss of government control on it's people in the second most populated country in this world. India is more into Globalization. The economy and trade of India are more linked with other developing or developed countries which it can't detach itself which is still growing exponentially with FDI and liberalization policies that's been adopted by the government of India to attract more investors from abroad and to increase employment and production capacity of India. So, any fluctuation in the international trade or economy would directly effect the economy of India. In spite of  some policies been made for this contingency, there effectiveness in defending India from world economic fluctuations can be seen in 2008 and 2012 global economi...