In 1991, India was compelled to encourage liberalization and globalization in its agricultural sector. It had to do this because of pressure from the International Monetary Fund, from whom India was seeking a loan.
It appears that the impact on Indian agriculture has been largely negative. Growth rates in the agricultural sector have been down overall, dropping by about 50 percent between 1991 and 1997. There have been some bright spots, but it seems that most of the benefit of the structural changes have been enjoyed by richer farmers.
Some researchers believe, however, that the liberalization may not be at fault and that further reforms are needed to allow Indian agriculture to flourish.
The links I've provided have a great deal of information. I'd suggest that you google "1991 liberalisation indian agriculture."
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