Question

any negative effects of globalisation on Indian economy??​

Answer 1

Negative Impact of Globalisation in India. There is also a negative side to globalisation in India. For a large number of small producers and workers globalisation has posed major challenges. Liberalisation of Foreign Trade policies allowed the import of electronic goods at a very cheap cost.

Answer 2

• Workers were denied there fair share of profits
• Workers are employed "flexibly" and hence they are deprived of job security and regular income

• It becomes difficult for small producers to compete with bigger MNCS

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