The study was conducted in Gurgaon District of Haryana State. It is revealed that (39.16%) of farmers were having medium level of perception followed by (29.16%) farmers with low level perception and only (31.68%) farmers were having high level of perception. Data clearly revealed that 38.30% farmers did not perceive fluctuation in prices for agricultural output. Data also revealed that 58.30% farmers didn't perceive about the effect on wage labour. Banking services were affected was also not perceived by majority of the farmers. Age, education, landholding, annual income, subsidiary occupation, social participation, mass media exposure and extension contacts were found significantly associated with perception level of the respondents at 2 =11.51*, 2 =11.59*, 2 =13.25*, 2 =12.39*, 2 =12.73*, 2 =12.93*, 2 =10.41*, 2 =7.96* respectively and caste, family type and family size were found non significantly associated with perception level of the respondents at 2 =8.91, 2 =2.62, 2 =2.86 respectively. Majority of the farmers (64.17%) who did not have any subsidiary occupation had high level of perception. In regard to extension contacts (48.33%) farmers who had low extension contacts also had low level of perception. Lastly in regard to mass media exposure (43.33%) that had low level of mass media exposure also had low level of perception.