what was the impact of globalisation on unemployment, small producers,indian companies?
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Impact of globalisation on small producers:
1. For a large number of small producers and workers globalisation has posed major challenges. They either have to compete or perish.
2. Small manufacturers have been hit hard due to competition with global products.
3. Small scale industries like that of batteries, capacitors, plastics, toys, tyres etc. have suffered great losses in their businesses.
4. Millions of the workers have gone jobless.
5. Several small factory units are forced to shut down.
6. Bigger units like malls have engulfed small markets and shops.
The impact of globalisation on Indian agriculture has been felt sincecolonial times. Raw cotton and spices were important export items from India. In 1917, Indian farmers revolted in Champaran against being forced to grow indigo in place of foodgrains, in order to supply dye to Britains flourishing textile industry.
7. agricultural land has been taken or encroachedfor development of industries
8. because of globalization the competition in agriculture sector has increased, US has got many of Indias high earning agricultural products patent in WTO (like - basmati rice , turmeric etc.) andthats why you need to pay US government for their production.
9. FDI was introduced in industrial and service sector but agricultural sector was kept protected and hence capital formation in agricultural is negligible.
10. Though green revolution was introduced but it was limited only to Punjab , Haryana and western UP. Other areas which are dependent on agriculture are still backward and monsoon dependent.
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1. For a large number of small producers and workers globalisation has posed major challenges. They either have to compete or perish.
2. Small manufacturers have been hit hard due to competition with global products.
3. Small scale industries like that of batteries, capacitors, plastics, toys, tyres etc. have suffered great losses in their businesses.
4. Millions of the workers have gone jobless.
5. Several small factory units are forced to shut down.
6. Bigger units like malls have engulfed small markets and shops.
The impact of globalisation on Indian agriculture has been felt sincecolonial times. Raw cotton and spices were important export items from India. In 1917, Indian farmers revolted in Champaran against being forced to grow indigo in place of foodgrains, in order to supply dye to Britains flourishing textile industry.
7. agricultural land has been taken or encroachedfor development of industries
8. because of globalization the competition in agriculture sector has increased, US has got many of Indias high earning agricultural products patent in WTO (like - basmati rice , turmeric etc.) andthats why you need to pay US government for their production.
9. FDI was introduced in industrial and service sector but agricultural sector was kept protected and hence capital formation in agricultural is negligible.
10. Though green revolution was introduced but it was limited only to Punjab , Haryana and western UP. Other areas which are dependent on agriculture are still backward and monsoon dependent.
Hope u like the ans... Plse Mark me as brainlist
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