Author: Gurmeet Singh1 and Tanima Dutta2
Author Address: 1Assistant Professor in Economics, Department of Economics, Government College for Girls, Ludhiana-141001 2Associate Professor, Lovely Professional University Phagwara-144411 (Punjab)
Keywords: Debt trap, globalization, sustainable development goals.
JEL Codes: Q01, Q14.
The number of undernourished people dropped by almost half in the past two decades because of rapid economic growth and increased agricultural productivity. Unfortunately, extreme hunger and malnutrition remain a huge barrier to development in many countries as there are still 821 million people estimated to be chronically undernourished as of 2017 because of environmental degradation. The second sustainable development goal to attain zero hunger by achieving food security can only be achieved by improving agricultural productivity and providing suitable opportunities to the farmers and producers to enhance production in this sector. But in India after liberalization and globalization, Indian agricultural profitability starts declining and the Indian farmers because of mounting agrarian distress comes under severe debt trap. Several paradigm shifts in governmental policies although helped them in improving their economic position but still the farming community was not able to help the global world to attain second Sustainable Development Goals.
Indian Journal of Economics and Development
Volume 16 No. SS, 2020, 462-466
Indexed in Clarivate Analytics (ESCI) of WoS
Gurmeet Singh1 and Tanima Dutta2
1Assistant Professor in Economics, Department of Economics, Government College for Girls, Ludhiana-141001
2Associate Professor, Lovely Professional University Phagwara-144411 (Punjab)
Corresponding author’s email: Gsk_372@rediffmail.com