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प्रश्न
Assess the impact of globalization on India and its people.
Examine the impact of globalization in India.
उत्तर
- Globalization has resulted in more choices for the consumers
- This has improved the standard of living of people
- MNCs have increased their investments in industries such as cell phones, automobiles, electronics, soft drinks, etc.
- New jobs have been created.
- Some local companies that supply raw materials to MNCs have also benefited.
- Some local companies have been able to invest in newer technology and production methods.
- Globalisation has enabled some large companies such as Tata Motors, and Infosys to emerge as multi-national companies.
- Companies providing services have also benefited from globalisation.
- Flexibility in labour laws
- Expansion of unorganised sector
- Stiff competition to the local producers
संबंधित प्रश्न
Describe any three steps taken by the Central and State governments to attract foreign investment in India .
Special Economic Zones (SEZs) are being set up to attract ____________.
Which of the following contributes to globalisation?
Globalisation so far has been more in favour of:
Among producers and workers the impact of globalisation has:
In India most of the workers are employed in the:
Globalisation results in ____________.
Benefits enjoyed by companies who set up production units in the SEZs are:
Special Economic Zones (SEZ) developed by the Government of India aim:
Examine the steps taken by the developing countries to attract foreign investment.