Answer:
will
say that globalisation has benefitted India in the following ways
(i) Increase in the volume of trade in
goods and services.
(ii) Inflow of private foreign capital and export orientation of the
economy.
(iii) Increased volume of output, income and employment.
However there may be the following negative impacts of globalisation
(i) It may not help in achieving
sustainable growth,
(ii)It may lead to wider disparity
between income inequalities among various countries.
(iii) It may lead to aggravation of income inequalities within countries
also.
Whatever may :be the fears of globalisation, feel that it
has now become a process which is irreversible and thus we must be ready to
accept globalisation and maximize our economic gains from the world market.
You need to login to perform this action.
You will be redirected in
3 sec