4. Dependence on the Industrial Sector: An important aspect of the new agricultural strategy is the stress it lays, on making agriculture dependent on industries for its inputs. The traditional Indian agriculture was self-sufficient in the matter of its input requirements. But the new strategy attaches great importance of industrial products as agricultural inputs. As domestic investments always involve a great deal of foreign participation, the new strategy involves encouraging a direct role of the multinationals in agricultural development.
And, while welcome for the earth’s atmosphere, China’s apparent shift is not uniformly good news in the short term. Big resource exporters, such as Australia, have for years depended on seemingly endless Chinese demand for iron ore , coal, and other minerals to fuel their own economic growth; those nations could have their fiscal health seriously threatened by a leaner and greener Chinese economy. coal companies that for years have eyed the Asian market, and especially China, as a last-ditch lifeline as coal use declines at home will also find little solace in China’s new direction.
The domestic political context should not be overlooked. As in China, the public in India is concerned about both climate change and particulate matter air pollution, much of which comes from domestic wood or other biofuel-burning cook stoves. According to recent research from the Max Planck Institute for Chemistry, toxic air will likely kill 30,000 residents of New Delhi in 2025. That death toll could rise to 50,000 people by 2050 without significant policy changes. With respect to climate change, 73 percent of Indians polled by Pew said they were very concerned about climate change; that number rises to nearly 90 percent in Indian states in the north, whose economies are based on agriculture fed by monsoon rains.