Question

what was the basic aim of 'green revolution' in india? how did it affect the market economy ?

Answer 1

The basic aim of the Green Revolution in India was to achieve self-sufficiency in food grain production. For this, the government sought to increase the production of food grains by
(a) promoting the introduction of high-yielding varieties of food crops, and
(b) encouraging the use of modern agricultural techniques like irrigation and chemical fertilizers.

The Green Revolution occured primarily in Punjab and Haryana during the late 1960s and the 1970s. It had significant effects on the market economy.
1. Since the output of grains like rice and wheat increased far beyond the subsistence requirement of farmers, they had large amounts of surplus to sell in the market. This led to the strengthening of the market for food grains.

2. A market for modern agricultural equipment developed. Farmers needed to buy high yielding varieties of grains as well as fertilizers from the market.

3. As agricultural operations expanded in Punjab and Haryana, the need for agricultural labour increased. This led to the migration of labour from other parts of India to these states. Thus, the market for agricultural labour expanded.