Question

State the effects of globalizatino on Bihar.

Answer 1

Both positive and negative of globlization on Bihar hadthe same effect.

1. Positive Effect : Increase in agriculture production. After globalisation agricultural production increased significantly in Bihar. This was the reason that in spite of less rainfall in 2009 and 2010, the government remained confident about food grains. Due to globalization, there has been a significant increase in exports from the province, due to globalization there has been foreign direct investment and the migrants have shown interest in investment. The State's income and per capita income have increased during the period. After globalization the poverty of the state has decreased.
2. Negative$ Effects : Neglect of agriculture based industries, adverse effect on cottage and small scale industries, adverse effect on employment, due to less development of infrastructure, conditions like this investment have been created.