negative impacts of globalisation liberalisation on business and industry in india
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Impact of globalization liberalization on business and industry in India:
- Unequal distribution of wealth in every sector.
- Uneven growth in different sectors.
- Employee exploitation is very high.
- Consumer exploitation also.
- Reducing demand for manual labors.
- The public sectors are on sale because of rapid privatization.
Impact of globalization liberalization on business and industry in India:
- Unequal distribution of wealth in every sector.
- Uneven growth in different sectors.
- Employee exploitation is very high.
- Consumer exploitation also.
- Reducing demand for manual labors.
- The public sectors are on sale because of rapid privatization.
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The negative impacts of globalization and liberalization are:
- (i) Destabilization of protected environment.
- (ii) Threat from MNCs.
- (iii) Corporate vulnerability.
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