Question

What measure can be taken by the government of India to make the globalisation make fair explain justify your answer

Answer 1

The government can ensure fair globalisation through the following

ways:-

a) It can make policies in such a way that it protects all

the sectors of the people in the country not just the rich and the powerful.

b) The government should support “small producers” in all

the way till the time they improve in their performance and are able to compete.

c) The government should ensure that the “labour laws” are

properly executed and should ensure that the workers are getting their rights.

d) It can join with other developing countries which are

affected by the “unfair rules of WTO” and fight against it.

Answer 2

The government of India should ensure that the policies for trading should be effective for creating a smooth flow of goods and services across the borders. they need to have liberal laws and policies and they should protect the interest and welfare of the people in the country

Explanation:

• The government of India has a major role to play in enforcing fair methods of for globalization of trading in the country. It is important for them to support the small scale industries and help them with adequate support for becoming competitive in the global markets.
• The government should bring out liberal policies for ensuring fair globalization in the country through effective investment and trading barriers. They can take help from the developed countries and encourage investments by foreign multinational companies in the country
• The government should ensure effective implementation of labor laws and the rights of the workers. There should be enough employment opportunities for the people in the country. The import duty on goods should be brought down and other restrictions should be reduced for controlling the balance of payments

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