How can the Government of India play a major role to make globalisation more fair ? Explain with examples
Answers
Explanation:
The government can play a major role in ensuring a fair globalisation in India: ... (ii) The government can ensure that labour laws are properly implemented and workers get their rights. (iii) It can support small producers to improve their performance till the time they become strong enough to compete.
Answer:
The government can play a major role in ensuring a fair globalisation in India:
(i) Its policies must protect the interests, not only of the rich and the powerful,but all the people in the country.
(ii) The government can ensure that labour laws are properly implemented and workers get their rights.
(iii) It can support small producers to improve their performance till the time they become strong enough to compete.
(iv) If necessary, the government can use trade and investment barriers.
(v) It can negotiate at the WTO for ‘fairer rules’.
(vi) It can also align with other developing countries with similar interests to fight against the domination of developed countries in the WTO.
Explanation: