impact of globalization on india
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Impact of Globalization in India:
i. Stiff competition for local producers and manufacturers.
ii. No job security
iii. Workers are denied their fair share of benefit
iv. Long working hours and low wages to the worker.
v. Expansion of unorganized sector.
vi. New opportunities for IT sector
vii. Increase in investment and foreign trade
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Globalisation has brought violation of journalistic ethics in India. To summarize, the process of globalization has changed the industrial pattern social life of global people and it has immense impact on Indian trade system. The globalization of the economic, social and cultural structures happened in all ages.
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