Points to remember before you participate in this discussion:
|Subhash said: (Oct 30, 2017)|
|I think, Globalisation is necessary.
Through globalisation developing countries become developed.
We can share the technologies and invention.
We can sell our products to all over the world.
We can export the product to other countries. India has resources of skilled manpower so through globalisation other countries can invest in India.
Through globalization our economy will increase.
|Abinash Mishra said: (Oct 23, 2017)|
|Globalization is essential for our country as well a it is very important for us due to globalization we can develop our country and in India education system will change.
According to me globalization is very important for us. The business organization is important for us in this condition.
Globalization is not a term it is a process by which we can exchange our ideas from others and get knowledge from them. If you will contribute something then they will contribute in what field you are lack of knowledge.
|Jitendra said: (Oct 23, 2017)|
I am Jitendra and I would like to put my opinion on the topic globalization.
As far as my knowledge, globalisation creates good job opportunities and it increases the national growth and development globally.
As every cloud has a silver lining so Globalisation too has. It is must for any country to help in the economic as well as the social growth of a country. It is needed to keep place with technological advancements across the world and overall developments in the world.
|Diksha Gupta said: (Oct 9, 2017)|
|Yes, globalization is essential for our country as well as it is very important for us due to globalization we can develop our country and in India education system will change.|
|Videesha said: (Aug 21, 2017)|
|Globalisation is very important for us and we cannot avoid it and it is mainly useful for so may ppl who are suffering for water and for their needs.|
|Roosevelt Katundu said: (Jun 28, 2017)|
|Globalisation is inevitable, its a winds of change. Technoloy has made it easier in the field of telemedicine, education, engineering and biotechnology. We can't brush away these benefits. However, globalisatio has had immeasurable consequences on trade and international economics. In this regard, liberalisation has brought down many national companies in developing countries in favour of advanced economies.|
|Nayan Sharma said: (Jun 20, 2017)|
|According to me, the Globalisation is a very important for us. The Business organisation important for us I said some points of globalisation. Example -the globalisation depends on weathers. All people's living in many kinds of weather. The globalisation is must for our country. I think globalisation properly depends on our earth weathers. I tell something globalisation. The globalisation helpful for us. Because the globalisation helpful for weather changing effects. I think globalisation is very important for our life.|
|Mahika said: (Jun 8, 2017)|
|My dear friends globalization is not a term it is a process by which we can exchange our ideas from others and get knowledge from them. Globalization makes the world like a village. Now because of globalization we can achieve many things. With the help of it we live a luxury life.|
|Naman Jain said: (Jan 23, 2017)|
|Today we all are living in the world of hi-tech. In this universe, we have number of countries. Each and every individual has at least one field. We all live like family. So globalization is very important to know each other, share their technical knowledge as well as spiritual knowledge. We can't be selfish if we want to survive in this universe. Globalization helps us to interact others about technology, knowledge and many other things.
Many people may think that globalisation is making poor countries poorer. However, the evidence is very convincing that developing countries that globalize grow and reduce poverty level faster than those that do not. For example, recent study of 72 developing countries shows in the 1990's globalizing developing economies real incomes and output grew faster, on average about 4 times faster than inward looking economies output.
Is it possible to convert 'Manifested Nature' in resemblance with our Will/Desire? In the Manifested World, the so-called sun [Bullet] rises twice and sets twice to cause the alteration of day and night. If I say that the so-called sun [Bullet] as the manifested sign of natural magnetism [Electromagnetic Wave of Einstein's Binary Pulsar] rises once from the East [Gravitational Field] and sets once in the West [Strong Field] to cause the alteration of day & night, then which established fallacy will fail to vitiate this sharing.
|Jamir Ahmed Choudhury said: (Sep 22, 2016)|
|Respected Participants, I had participated on the question - "Is Globalization Really Necessary?" So far my acquired knowledge goes there are three kinds of antecedent and consequent relation such as - 'is', 'maybe', and 'must be'. This must be relation is called necessary relation like the relation between 'man' and 'mortality'. If it is asked - "Is mortality really necessary?", then what will be your opinions? From the pragmatically correspondent point of view, this is a vague, absurd, and self-contradictory question. But it is being found that almost all participants are answering in favor of this vague, absurd, and self-contradictory question. I think those answers resemble with the question - "Is Globalization Really Essential?" For this reason, almost all discussions of the previous sharing were either contrary or contradictory to the shared concept of the sharer of 'Kitaaba Wal-Hikmata", but the conclusion was in favor of the sharer of 'Kitaaba Wal-Hikmata'. So, the question is - "Can a necessary relation be established on the basis of opinions?" If the answer is affirmative, then I am 100% agree with your opinions. But if the answer is negative, then I have nothing to say save a BIG BIG SORRY!
In reality, the question - "Is Globalization Really Necessary?" leads mankind towards another question - "Is common run possible?" or towards John Rawls' Veil of Ignorance or towards Post Hoc Ergo Propter Hoc Statistics of Conspiracy Science.
I am a finite being like you. I had no verifiable as well as justifiable concepts of the Universe, World, Earth, Four Cardinal Directions in resemblance with four basic forces. Probably you have clear concepts of the differences between Rectangular Universe and Hexagonal World, Hexagonal World and Pentagonal Earth, Pentagonal Earth, and Three Ascending Stairs, Twice rising and Twice setting of the so-called sun or what real science calls Bullet or Morning Show & Evening Show of the Sister Planet Venus or Semi-anticlockwise & Semi-clockwise [Equal & Opposite] stages of journey of the Manifested Signs of Natural Magnetism. So, I had conceptualized projected Man-made Nature i.e. Global Trinity as well as Quaternary as Manifested Nature. In other words, like the above mentioned self-contradictory question, I had conceptualized Projected Conspiracy Science as Real Science. Now, I have searched out Irreversible Manifest Truth and shared those searched out Truth from the Depth of Darkness as Solidified Solid Human Rights in the 'Kitaaba Wal-Hikmata" in a logical method called Dictum De Omni Et Nullo. Kitaaba Wal-Hikmata'" explores Utilitarian Liberation and Sanctity of Education. Moreover, it sincerely invites all human beings who have the capability to prove that projected Man-made Magnetism & Copernican Universal Mal-Observation are Scientific Certainties to come forward with a view to playing the game of Magic with Equal & Opposite Manifested Signs of Natural Magnetism and Upright Logic openly and publicly. Like this participation, the method of discussion will begin with Neti-Neti Concept of the Advaita Vedanta of Sankara, then it will proceed following three core teachings of Gita - Do what is Right - Choose what is Good - Sticking to what is Truth, and ultimately it will end with Certainty. - Thank You.
Hope that the Web Page authority will not fail to project all shared concepts of the Sharer of "Kitaaba Wal-Hikmata" or "Manifested Nature and the Utility of One's Upright Logic".
|Jamir Ahmed Choudhury said: (Sep 20, 2016)|
|Almost all the participants share views and opinions in favor of Globalization. People also assigned points +275 in favor of Globalization and -10 in favor of the issue raised for discussion. But unfortunately/consciously the conclusion has been deduced hypothetically in favor of Nationalization. Does it not imply that the issue raised by the share of "Kitaaba Wal-Hikmata" or "Manifested Nature and the Utility of One's Upright Logic" is Categorical as well as Irreversible?
If it is asked - "How many days and how many nights are there within 24 hours [with four options], then what will be your practical answer in pragmatic correspondence with the meaning of Globalization & Man-made Magnetism but contradictory to Revelation [Equal & Opposite Law] & Manifestation [Natural Magnetism]?".
Options are - (a) Once Day and Once Night in pragmatic correspondence with the meaning of Globalization and projected Semi-anticlockwise & Semi-clockwise Full Circle through the introduced Man-made Magnetism in the name of Scientific Certainty;.
(b) Twice day and Twice Night in coherence with [Tawraat] Equal & Opposite Revelation.
(c) Twice Day and Twice Night in correspondence with [Injiil] Equal & Opposite Manifested Signs of Natural Magnetism.
(d) It is self-evident that [Furqaan] both (b) and (c) are true.
If you answer is (d) , then it will verify that Self-evident Truth includes both Coherence Truth and Correspondence Truth.
N. B. - Nature precedes Knowledge. The principle of the Uniformity of Nature and the Law of Causation are the two preconditions [Formal Grounds] of Knowledge. All pen-paper-pencil works and mechanical activities which are either contrary or contradictory to these two preconditions of knowledge can never be understood as Verifiable Truth of Facts [Real Science] and Justifiable Necessary Truth [Philosophy in the Truest Sense], but can easily be proved as Teleological Evidence Sorcery and Unique Epistemic Persecution. Manifest Truth does not require recognition, pointing, rating etc. As it is self-explained as well as self-evident. So, it is the right time to reflect on the Sanctity of Education. "Kitaaba Wal-Hikmata" published by Partridge explores Sanctity of Education and Human Liberation from Self-contradiction, Paradox, Evidence Sorcery, Killing of Faith & Belief in the name of Education called Persecution etc.
|Jamir Ahmed Choudhury said: (Sep 20, 2016)|
|Is it possible to convert 'Manifested Nature' in resemblance with our Will/Desire? In the Manifested World, the so-called sun [Bullet] rises twice and sets twice to cause the alteration of day and night. If I say that the so-called sun [Bullet] as the manifested sign of natural magnetism [Electromagnetic Wave of Einstein's Binary Pulsar] rises once from the East [Gravitational Field] and sets once in the West [Strong Field] to cause the alteration of day & night, then which established fallacy will fail to vitiate this sharing.|
|Jamir Ahmed Choudhury said: (Sep 18, 2016)|
|We are living in the 3D Reproductive Period. Equal & Opposite 3D implies Hexagon. In other words, we are living in a Hexagonal World. If Global Concept is consistent with Equal & Opposite Revelation [Newton's Equal & Opposite Law / Tawraat / Alteration of Day & Night / Equal & Opposite stages of journey of the Manifested Signs of Natural Magnetism for the Equal & Opposite Seashores or Zones i.e. East Zone or Lower Seashore and West Zone or Upper Seashore], then Globalization is Really Necessary. If 'Global Concept' is not consistent with Irreversible Manifest Truth, then the projection of 'Global Concept' is nothing but Teleological Evidence Sorcery and Unique Epistemic Persecution in resemblance with Introduced Man-made Magnetism in the name of Scientific Certainty.
From - Jamir Ahmed Choudhury.
Sharer of 'Kitaaba Wal-Hikmata' or 'Manifested Nature and the Utility of One's Upright Logic' published by Partridge Publishing.
|Akshi said: (Sep 5, 2016)|
According to me, globalization is good for the entire world. If you will contribute something then they will also contribute in that field in which you have a lake of knowledge. Even surrounding air is not pure then how would we be so perfect. Sometimes we need to use the concept of globalization.
|Pankaj Kumar said: (Aug 30, 2016)|
|YES, Globalization is very important because it provides an exchange of ideas, creativity, thought etc. Due to which a particular country gain some enhancement in the field of infrastructure, education etc.
India is one the country which must require such type of technology to enhance at an initial state.
Since 1991, India is one of the countries who did a lot to developed but these politics doesn't give that much of potential to develop our country. India uses 20 years back technology in today world and nothing upgrade would occur.
But finally, youth get the opportunity to educate and works in MNCs company.
|Ramakulai Papannagari said: (Aug 17, 2016)|
|My point of view whether globalization is necessary or not then I would I like to say that -yes it is very necessary. This globalization is a must necessary tool in today's world. For instance, when 2 persons met and exchange an idea, each gained a knowledge which is not known to them. Think this in the case of between countries. When we exchange something it automatically increases the particular thing which we have.
Whatever may be. I would like to say globalization that means exchanging of an idea, thinking, knowledge, advance service, employment, technology, etc, with other countries around the world.
Globalization has the important role for the development of economy like India. As we exchanged our ideas, thoughts with other countries will enhance our development. Since, In past, we did not have tea restaurant, university, advanced technology etc. It can resolve unemployment, lifestyle, skills communication. It is very important to bust up of the economy for developing countries like India. India is lacking in technology when coming across China, Japan etc.
Every country is an expertise in one or the other field. For Example - China is the expertise the technology, USA/Russia is an expert in Arm Services, India in Farming and consultancy. So globalization helps different countries to invest in other countries.
But if we think higher then we find that globalization is one of the strongest steps in bringing peace in this hungry world where everyone is ready to kill others to satisfy their own desires leading to crimes, corruption, terrorism etc. When god created this world then there were no boundaries. It's we who created these boundaries. Now when we are talking about globalization that itself means we are interested in crossing these boundaries and merging up together again like we were in the beginning of the generation where there were only peace and peace.
Since every coin has two faces one is head and another is Tail.
Similarly, globalization has also an advantage as well as disadvantage.
1) Employment improve.
2) Problems like scarcity, poverty decrease.
3) Rate of exchange increase.
4) Development of technologies.
5) Improvement in living standard. It gives us a luxury.
1) Globalization has impacts also due to rising in technology - pollution, cyber crimes.
2) Loss of own nation culture - Culture of India rapidly get extinct day by day, due to adapting western trends this is because of globalization.
3) ON family - Now a day, nobody can live happily in a joint family. All of us want our separate house and that's the reason of increasing old age homes.
4) Marriage - Marriage also has lost their values. Many divorce and marital affairs are seen which comes from ego and that's come due to globalization.
Finally, We should use globalization just for interacting with other countries but not following their culture and traditions.
|Rajat said: (Aug 11, 2016)|
I think we are only focus the globalization is done by only foreign technology come to India that makes benefit for our country but it is also improved by developing or giving improvement to our education system.
Because Indian people do not get a real plan to their ideas. But government makes lots of campaign like a startup and make in India is good for Indian people. So make a limit for FDI to lots of investment for MNCs.
|Venu Gopal said: (Aug 11, 2016)|
|Globalization is must for countries like India, because with globalization we can share our ideas with other countries and we can import and export technology, science, defense, and with this our employment will get increase and also the financially we can benefit, at the same time not to forget the importance of our culture, and to preserve the small business firms and agriculture sector also because India is financially surviving mostly on these.|
|Venkateshdeva said: (Aug 9, 2016)|
|HI, MY DAER FRIENDS.
GLOBALIZATION means the exchange of ideas and thought service with other countries.
Bussiness another organization develops international influence are start opening.
Globalization is necessary for India because of globalization. We can share technology which is important for your nation and internet connection between other country peoples income f the country.
2 persons met and exchange ideas gained knowledge and in the case of between countries.
The manufacturing sector, defense sector, petroleum sector benefits of globalization technology transfer EXPORTS and IMPORTS.
The rate of exports and imports decrease the development of technologies improvement in living standards it gives luxury.
Food chain like Dominos, Pizza Hut, Mac-Donald.
Cost is very high, effects on small business in countries change government laws and control towards globalization company, better job opportunities, a lot of variety products. MANPOWER BELONGS TO INDIA.
|Varun said: (Aug 1, 2016)|
|Globalization is, of course, necessary mostly for developing countries like India, we all know India has a huge populated country and far backward in technology and infrastructure, to boost our deficiencies we must adopt new technologies and infrastructure from other countries. As soon as technologies improve, employability will increase, industries will grow, the education system will change, thoughts of the people will change and people will aware of the global market.|
|Bhosale Vrushali R. said: (Jul 18, 2016)|
|According to my point of view "Glbalization" is necessary. Because of globalization we can Share our Technologys Which are important for development of our nation and intenconnection between other countrys people.|
|Allauddin said: (Jul 15, 2016)|
|Ya Globalization is necessary for India.
Because since in the development process is very slow. There is only one reason why for this" old thinking criteria of Indian people " most of the Indian people live in old thoughts. Also, the politicians are also not well and most of them corrupt. If we take ideas from others and apply the rules which are in foreign countries already. It becomes useful to INDIA.
|Chedi Lal said: (Jul 5, 2016)|
|Globalization in India means integrating our's economy with the world's economy. It is no doubt that India has benefited a lot from globalization. India was and is an agricultural economy, and it very clear that India's agricultural sector had reaped the benefits of globalization in the form of modern tools, techniques, and practices. One other sector is IT sector which again has boosted due to benefits of globalization which in turn helped to create jobs and bring income to the country. The manufacturing sector, defense sector, petroleum sector, and many others have got the benefits of globalization whether it is in terms of technology transfer, imports, exports and so on.
We are also resilient to the somewhat negative impact of globalization because of being a labor intensive economy. Some other aspects such as brain drain, environmental issues, local markets can be addressed through proper policy making and implementation, instead of blaming globalization for these.
|Reema Subair said: (Jun 27, 2016)|
As in my point of view, globalization is much important for a country, around the world, many of the countries are still developing such like: Sri Lanka, India and so on. So those countries need globalization to develop their country in worldwide trade, so the future of the country will be well developed in trading and employment sector, so the domestic trade and developing trades of the country can enter into the international market, so globalization is necessary for a country.
|Jageshwar Prasad said: (Jun 15, 2016)|
|I agree from globalization. First of all, I would like to say globalisation that means exchanging of an idea, thinking, knowledge, advance service etc, with other countries around the world. Globalization has the important role for the development of economy like India. Since, In past we did not have tea restaurant, university, advance technology etc. It can resolve unemployment, lifestyle, skills communication. It is very important to bust up of the economy for developing countries like India. India is lacking in technology when coming across China, Japan etc.
Since every coin has two faces one is head and another is Tell. Similarly, globalisation has also advantage as well as disadvantage.
(1) Brain drain system.
(2) It will affect middle type industries.
(3) Loss of own nation culture etc.
Finally, it is declared that people should follow the globalization rule but should not follow the culture of other countries.
|Akshay Mangal said: (Jun 9, 2016)|
As globalization basically unties the barriers of boundaries of countries that we created earlier.
Globalization basically means the full access and sharing of culture, civilization, trade, technology, trade, resources of each other at mutual consent so that the world with equal liberty and peace can be dreamed.
The point is whether globalization is necessary or not then I would I like to say that -yes it is very necessary. Why boundaries for human mankind to explore. We should have the world that allows all citizens to share their ideas their culture etc.
Why one should be bound to access limited resources but at the same time we should be careful in accepting this idea as well. We should be enough intelligent that what should be accepted from other country or what not?
Because it may be there that in sharing we accept bed thing as well which is not required at all.
So that's up to us.
Work intelligently, works peacefully.
|Bose said: (Apr 24, 2016)|
This globalisation is a must necessary tool in today's world. For instance, when 2 persons met and exchange an idea, each gained a knowledge which is not known to them. Think this in the case of between countries. When we exchange something it automatically increases the particular thing which we have. Whatever may be.
|Subham Kumar said: (Mar 18, 2016)|
I think globalisation is very essential for the development of a country. Globalisation means exchanging ideas, technology, services, information with other countries. So it is going to boost up the economy of a country. Like India which is now lacking in technology when come across countries like china and japan, then it is certainty going to boost up the technology of India.
There are many advantage of globalisation like employment, technology, advance services etc which are certainly going to help in the development of the country.
But if we think higher then we find that globalisation is one of the strongest step in bringing peace in this hungry world where everyone is ready to kill others to satisfy their own desires leading to crimes, corruption, terrorism etc. When god created this world then there were no boundaries. It's we who created these boundaries. Now when we are talking about globalisation that itself means we are interested in crossing these boundaries and merging up together again like we were in the beginning of the generation where there were only peace and peace.
|Yashu Reddy said: (Mar 16, 2016)|
|I am Yashwanth Reddy.
Globalisation is the process of rapid integration of countries. It is a major change that occurred across the globe in the late 20th century. The benefits of globalisation have been unevenly distributed. It has benefited well-off consumers and as well as producers with skills, education and huge amount of wealth.
|Chirag Sen said: (Mar 13, 2016)|
|I am Chirag Sen from Roorkee. My views on globalisation are:
Globalisation is the terms now widely used to describe the increased worldwide competition between businesses.
Effect: globalization has posed major challenges for a large number of producers and workers. Toys, tyres, capacitors, etc. Are some examples of small industries where the small producers have been hit hard.
|Amit Wandile said: (Jan 10, 2016)|
|Globalization is a today's need for tomorrow's development, one must take seriously about Ground roots and according to priories as well as entertainment concern youth revolution is changing due to access of social media,
It will share all goods, technology, arms and machinery as well as a spiritual connectivity to all peoples make a good time as well as a learning well time, Progress and Earning enlarge well.
|Abhay Sarin said: (Oct 12, 2015)|
|Today we all are living in the world of hi-tech. In this universe we have number of countries. Each and every individual has at least one field. We all live like family. So globalization is very important to know each other, share their technical knowledge as well as spiritual knowledge. We can't be selfish if we want to survive in this universe. Globalization helps us to interact others about technology, knowledge and many other things.
But on the other hand we should realize the, adopting the other values and other principles, we should not be forget our own culture and customs. Ancient country like India which has his own culture and knowledge, it takes care of his knowledge, we can't forget our culture if we are Indian.
|Anil said: (Sep 16, 2015)|
|Yes, globalization is important for developing countries because it will make more pleasure in general life as we can see and use new technologies which are made by other country.|
|Ayush Gupta said: (Jul 21, 2015)|
|Globalization is the exchange of technology, services, ides with other countries for the development of both the countries. Every country is an expertise in one or the other field. For Example - China is the expertise the technology, USA/Russia is expert in Arm Services, India in Farming and consultancy. So globalization help different countries to invest in other countries.
Globalization has impacts also due to rise in technology - pollution, cyber crimes.
ON Indian culture - Culture of India rapidly get extinct day by day, due to adapting western trends this is because of globalization.
ON family - Now a day, nobody can live happily in a joint family. All of us want our separate house and that's the reason of increasing old age homes.
Marriage - Marriage also have lost their values. Many divorce, and marital affairs are seen which comes from ego and that's come due to globalization.
Employment and Agricultural Sectors,
India is known for its resources and farming, but due to increase in MNC companies India is loosing its prime value in farming too.
|Shilpa Jain said: (Jul 7, 2015)|
|Globalization means exchanging our ideas, thoughts, and services with other countries. So that we can develop our nation by new technologies. By this we can globalize our products, exchange our ideas globally improve education and standard of living. By the help of globalization one country can help to another country in economic and social growth. It helps to raise employment opportunities.
It helps to increase competition so that people can choose better quality product in reasonable price. It helps to provide world class education. It helps to develop infrastructure, tourism, foreign exchange new and improve technology. It increases human development index. It improves our national GDP by increasing competition.
|Sakshi said: (Jun 8, 2015)|
|Good afternoon all,
I Sakshi Jain and my opinion on this topic are.
I agree with this statement that globalization is essential in each and every field. As we exchanged our ideas, thoughts with other countries will enhance our development.
As our former president Dr. APJ Abdul Kalam SIR said India should be come in the list of developed country till 2020 for this achievement globalization should be increased.
- Employment improve.
- Problems like scarcity, poverty decrease.
- Rate of export and import increase.
- Development of technologies.
- Improvement in living standard.
|Zahra said: (Mar 6, 2015)|
|I agree with globalization because it has made many pleasures for me. In The past we did not have coffee shops-restaurants-parks and universities. The women should stay at home and they should wash, cook and care. The men were forced to work hard for long hours without rest you could not choose your favorite wife.
Hard religious opinions were strong in the past you were limited with your local goods maybe you could not eat some fruits like bananas or coffee now we have different foods with different tastes. Beautiful shirts and pants different styles and opinions. I am so tired today otherwise I had a lot reasons. I hope the best for you my dear friends.
|Anusha said: (Feb 26, 2015)|
Globalization means exchanging our ideas, thoughts & services with other countries so that we can develop our country by new technologies. It doesn't mean that we should not respect our nation. We should follow our culture.
By this we can globalize our products, exchange our ideas globally, improves education and standard of living. It is because only with globalization India has achieved so much in technology & education. Due to this there is no chance of unemployment. But there may be a problem of brain-drain.
We should use globalization just for interacting with other countries but not following their culture and traditions.
As for a developing country we need advanced technology. This can be done by sharing ideas with other countries. Each & every country has some great thoughts we need to take that great ideas so that we can make our country a developed country sooner. So finally according to me globalization is necessary.
|Rajkumar Thakur said: (Feb 26, 2015)|
|Globalization is necessary for developing countries like India, it allows the adapt the technologies from already developed countries. Wide range of area is available for business hence it's good for expansion of business.
Take an example of food chain domino's, pizza hurt and MacDonald's who serving in more than 100 countries is the best example of benefits of globalization.
|Kunal Prabhune said: (Jan 5, 2015)|
|In my point of view globalization is not good because from this the developed countries take the are taking the advantage of developing countries and selling their products at higher rates.|
|Ramdas said: (Dec 30, 2014)|
|In my opinion globalization is not necessary. Because globalization is not taking place in society in its original manner. For example as per globalization we are getting the chance to use western made products, but because of this many people decide only to use western products as a result our Indian made products are not sell. So by these western economy is enriched and ours are not.|
|Suchitha.P said: (Dec 18, 2014)|
Globalization is necessary to our Indian economy which indicates the aspiring towards oneness by all over the world. But we should not lose our traditional culture in this global system.
|Vedanand Singh said: (Nov 13, 2014)|
This is Vedanand Singh.
Yes, Globalization plays an important role in developing economy of any nation. This is the age of Technology, If we want to uplift the economy any of our nation then we must adopt the new modern Technologies.
There are many advantages of Globalisation :
1. It brings good exchange of ideas, thought, technology at global level.
2. It helps in improving our technology.
3. It helps in developing new domestic tools for own use within the nation.
4. It helps in exchanging the culture and civilisation of any nation.
5. It gives us luxury.
There are some disadvantages too :
1. There is brain drain condition.
2. We adopts something negative culture of other nations, which leads loss of our own culture.
And many more.
|Bhavin said: (Oct 7, 2014)|
Yes, Is globalization really Necessary.
1) Best way to develop the country.
Eg:- Sharing good idea, Technology, provide a service, Etc.
2) For an economy to grow.
3) Globalization also helps reducing the poverty level in the country.
1) Cost is very high.
2) Effects on small business in countries.
3) Changes Government laws & controls toward Globalization company.
|Nikhiladitya said: (Sep 21, 2014)|
|Yes! Globalisation is one of the best way to develop the country by sharing ideas, technology, services etc. In many countries the quality of the products or technology is very poor this also helps to increase the quality in products and also in technology and also helps to provide employment all over the world for examples roads in India are not properly laid and also they are not durable but the quality of roads in other developed countries are very good so the technology should be imparted by the foreign countries which can be done by the globalisation but there are also certain disadvantages which are the cost of the technology is high due to change in currency value, it also effects to the financial status of the country. Globalisation can be only better if the country's financial status is equal to other country else it may be really difficult to the country to survive so globalisation though has the advantages but also has limitations so the globalisation should be limited. Thank you.|
|Ivan said: (Aug 28, 2014)|
|Yes globalisation is necessary and not only for developing country like india, brazil but also for the developed world like USA, European country. Because 21st century is all about best in technology, best in infrastructure, best in skills. And every country has expertise in their field. Like India is global power in terms of it and consultancy, china is in electronics goods, america, russia are global power in arms manufacturing even the small country like bangladesh has experts in textile and he ranks 3rd in this field. So in 21st century when we have scarcity of resources we have to move in collaborative manner so that we can all achieve success.
Developing country should given more focus on globalisation at the same time developed country would move in some liberal manner so that not only commercial product or company become global, but at the same time through transfer of technology developing country should be more robust so that they can compete with their counterparts.
|H. Thangchinlun said: (May 26, 2014)|
|Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Advances in transportation and telecommunications infrastructure, including the rise of the telegraph and its posterity the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Globalization helps developing nations "catch up" to industrialized nations much faster through increased employment and technological advances. Critics of globalization say that it weakens national sovereignty and allows rich nations to ship domestic jobs overseas where labor is much cheaper.|
|Aviral Shukla said: (Apr 23, 2014)|
|First of all thanks to INDIABIX,
Firstly I would like to say that when the almighty God created the world, there were no boundaries, these are we who created the borders among nations. Now, we want to be globalized. Globalization is very good for developing nations like India. Since, somewhere Indian companies lack in top quality mindset eg. Nobody likes to buy a supriya shampoo, if he has the option to buy Dove. So, due to globalization, there would be a benchmark for companies, they will be dying to compete with foreign companies, all in all, customer benefits from this, It provides advanced health care services, Reduced prices, Better job opportunities, lots of variety of products etc. But, there should also be some set of guidelines and mandatory norms for globalisation set up by Government that globalization should not affect nation's culture, values, class etc. If it is followed, It would be very helpful for every developing country. Thank you!
|Gopi said: (Apr 21, 2014)|
According to me globalization is the process of sharing or interchanging different things like knowledge, views, services, technologies etc in between the countries across the world. While this interchanging process lot of chances for countries (which are undeveloped or we can say which are developing) becomes developed countries. There is nothing is wrong when we will make connections to other countries this aspects. India also taking help from other countries while making and launching rockets and different aspects and also we are giving our knowledge to other countries in different aspects.
|Surabhi said: (Apr 12, 2014)|
This is SURABHI.
According to me, Globalisation should be promoted in a controlled manner. It includes the sharing of thoughts, ideas, technology, culture, trade, etc. Among different countries. By this, developing countries like INDIA is benefited resulting in increase employment, motivation toward education, growth in economy, better standard of living, etc. But it has disadvantages too. Brain drain, foreign monopoly, high competition hence globalisation should promoted in a limited way.
|Tony Doso said: (Apr 5, 2014)|
|I see globalization the same thing as we have between neighbors in our apartments and houses, but in a much bigger scale! Globalization is (at least for me) a healthy share of our things with ours neighbors in the world. The only question I have left is if it has been taken too much as a competition, and at the end, the resources are limited.
So it could be becoming a war between hypocrites neighbors which all desire at all costs to have more than everyone Where could it take us if we keep going at this rhythm? Globalization is amazing, but as all the things that are amazing it should be kept under control, manages the advantages, not waste them.
|Ellanti Kishore said: (Mar 18, 2014)|
|According to me globalization is the main process of development of a country like India, Ceylon, Nigeria, etc., globalization helps every individual in a country to attain high grades in a life, globalization provides country additional wealth. There should be a hand in hand co-operation for globalization, and it helps stand a country on his own legs, there will be no need to migrate to united states, Arab states to settle in life, now-a-days many Indians, are migrating to Arab, united states, because of their currency value in India, and we are working day and nights for that country and making that country wealthy, to prevent this our generation students should work for India, and this will help to develop Indian economy, by that rupee value increases, this will help a lot for next generation students in work in their mother country, and by this our children can study as "INDIA IS A DEVELOPED COUNTRY", this and all we can obtain by globalization only, so friends work hard for that.|
|Scr said: (Mar 11, 2014)|
|Globalization plays very important role to improve every country because knowledge is not finite thing so we are all learners and adopt new things from other countries (which countries have more knowledge compared to ours) when globalization is formed. Based on globalization we form the competitiveness among countries.|
|Gaurav Diwan said: (Mar 8, 2014)|
|Yes now its our moral duty to see India emerging its wings of wealth and knowledge to all over the world and this will only be possible with the help of globalisation.
Consider the situation when we have good amount of gross national production rate but of its use when we are not connected to the world market and not able to sale our product so its now a days mandatory to all developing nation to make world market to get developed and self sustain.
|Aditya Kumar said: (Mar 5, 2014)|
|Hi this is Aditya kumar I want to say that globalization is a most important part for develop the country because by this we can communicate to each other country and we know the modern technique and also we alert to different type of technology.
By this way we also get opportunity to improve myself because competition and technique is related to each other and get opportunity to improve.
All person know if there is something right then also should be wrong.
|Steffy Maria Jose said: (Mar 5, 2014)|
|Well, globalization has become an essential part of all the developing nations. For their economy to grow and able to compete at the international platform. Where culture is concerned, adapting or retaining is hardly related with globalization because to even retain that culture we need to be economically strong and widely accepted.|
|Thanveer Ali said: (Feb 27, 2014)|
|Globalization is essential for our economy to develop. It transfer new technology, innovations etc. But it focus only on large scale industries and I think totally neglect small scale industries. We can say only that globalization helps to develop only if both sector are developed. It helps to reduce tariff rate and corporation with countries but it exploit human resources and natural resources and decrease demand on domestic products.|
|Priyanka Arora said: (Feb 20, 2014)|
|Yes Globalization is very important for our economy. Because if our Indian Economy wants to grow more We need to deal with other countries as well. They provide us better technology which is very beneficial for our economy. And India is developing country so to make it developed country its really imp to deal with other countries in terms of export, imports etc.|
|Khushboo said: (Feb 9, 2014)|
|According to my self. I believe that globalization should be done. Globalization means to sharing the ideas, technology, products, business and many more. That very important to the developing countries and as we know our India is developing country so its very beneficial to us to enhance our economic condition.
Globalization is a communication with the other countries if we have no communication to the other countries than we can't supposed to grow up because communication is the part to get learn something from the other who have good knowledge and ideas And we should always try to learn new thing whether we have good knowledge or we are capable but still we shouldn't proud on it an always try to learn.
So all of it globalization should be done. And other thing is that for live our life we want friends, relatives so we enjoy with them relish our life with them. Without them we feel aloof. Same as the nation for the nation globalization is the part of their life because of the globalization a country make their friends.
So according to my opinion globalization to be a part of every country.
|Shrikant Jadhav said: (Jan 30, 2014)|
Globalisation according to me means to provide whatever needed for the development & wellbeing of the society from wherever it is bestly available. For example the farmer in India is in a need of latest technology in improving his farm, but if unfortunately that technology if it is not available in India then the idea of Globalisation comes into picture; now we have to provide the most latest technology to the farmer from wherever it is easily available in the world. If we focus on this aspect of globalization alone, then there will not be any effects of globalization. And the world can prosper at an rocketing rate.
|Ramesh Kumar said: (Jan 27, 2014)|
Globalization is necessary to development of any country. Globalization mean sharing your ideas to others. But development country not sharing high technology, they are shearing only low technology. Then underdevelopment country decrease in GDP. Because low technology present country, other country investment in underdevelopment.
Profit only for development country not underdevelopment country.
|Sudhakar Anand said: (Jan 25, 2014)|
|In my point of view globalization is necessary for all countries because it will improve the economy of the country. Globalization is nothing but interaction between countries around the world. Globalization refers to processes of international integration arising from the interchange of world views, products and ideas. The tendency of investment funds and businesses to move beyond domestic and national markets to other markets around the globe then the increasing the interconnection of the different markets. Globalization has had the effect of markedly increasing not only international trade, but also cultural exchange.|
|Racheal said: (Dec 26, 2013)|
Globalization is inevitable. We are a mix of developed, developing and underdeveloped nations. A give and take is essential for the smooth functioning of the world thus globalization is a must. As human beings, we are part of the society, we cannot stay aloof, similarly as a nation, we are part of the world, Growth in isolation is impossible let alone difficult. Globalization sets foot for a competitive environment which challenges us to perform better, improve our standards and be recognized on the global front. Hence globalization is a win-win situation for everyone.
|Bharti Katre said: (Dec 17, 2013)|
|Yes, globalization is necessary, for an economy to grow our country. The huge amount of foreign direct investment boosted the Indian economy quite significantly. The disadvantages is that, globalization increased competition in the Indian market between the foreign companies and domestic company.|
|Priyanka Chaturvedi said: (Dec 11, 2013)|
|Globalization in terms of economy is essential for India to achieve its predefined goals and fulfilling the job requirements till 2025. As it is giving the youth generation to use its potential in a better way in its own country through globalization, yes!but government of India must assure to restrict brain-drain and foreign monopoly in Indian market. For paving the Indian economy towards developed scenario, globalization is basic prerequisite.|
|Pranali Nikhil Sohoni said: (Dec 4, 2013)|
|Globalization is the process of bringing world economies closer to one another. It encourages healthy competition for mutual benefit and promotes trade. This economic cooperation translates into social and cultural understanding and peaceful co-existence.
However, globalization has been criticized and condemned by those who are more concerned about the disadvantages.
The most visible disadvantage is the great gap between the rich and the poor. Globalization leads to greater disparity between the developed and developing countries.
Also, multinational companies enjoy many advantages. For example, they are able to get cheap labour, which is readily available in the developing countries, and make enormous profits.
Competition between foreign industries and indigenous industries is often so unequal that many indigenous industries are forced to shut down. The toy industry in India, for example, is facing such stiff competition from the Chinese toy industry that the market for Indian toys is fast disappearing.
There is also the fear that multinational companies will cause further damage to the environment in the developing countries.
The fears may be real but the fact is that globalization is here to stay. It has brought the world closer together and with understanding, cooperation and healthy competition, the vision of this one world may be realized some day.
|H Arika Hari said: (Nov 26, 2013)|
|Hello my dear friends.
My name is Harika and firstly I want to thank IndiaBix.com for giving me such an opportunity to speak about Globalization.
In my point of view Globalization is a great thing which some developing countries like INDIA must follow seriously. Globalization is nothing must interaction between the countries all around the world. It can easily resolve terrific problems like economy, fight for education, unemployment etc. The second most thing here is we Indians must feel proud that many foreigners comes to INDIA for their studies etc. This means that there is a thing called CONNECTIVITY is already flowing in INDIA. Not only this, due to globalization we are in a step forward today. If this continues long, there would be a well developed international market that is nothing but globalization occurs.
Sharing ideas, interaction, technology based communication. These are all the signs of development, right.
Who says no if there will be a great connecting world. We heart full welcomes globalization.
|Pooja Sharma said: (Nov 26, 2013)|
According to me globalization is necessary for us because it help us to understand different techniques, education system, capital and ethics etc from different countries.
Globalization means exchange the ideas with other country of the world. It help us a lot because India still developing.
|R.K said: (Nov 17, 2013)|
In my point of view globalization is very important for all the country.
Globalization is a way to buy or sell the product in the international market which leads to increase the interaction between the people of different country that creates a long term relationship between them, so we define globalization as the interdependence and connectivity of the people throughout the world. Globalization is the way through which there is a share of ideas, goods, culture, political views, technology and many more throughout the world. It creates jobs, increases economy of the country and keep good relationship between the countries.
So finally I concluded that globalization is really necessary.
|Archita Dwivedi said: (Oct 30, 2013)|
|Good everyone everyone,
I am Archita and I would like to thank IndiaBix for giving me a chance of public group discussion.
Yes I do think that globalization is must for a developing as well as under developing countries. We cannot deny the fact that it is globalization which brings the various countries of the world on a single stage that is 'international market'. It helps us to combat the problem of unemployment which is a biggest challenge that we all are facing today. Moreover it gives us a chance to globalize our products, to compete in the international market, to exchange our ideas globally, improves the quality of education, improves the standard of living. It is just because of globalization that India has achieved so much in the fields technology, education etc,
Despite of advantages it has some advantages too like.
It causes 'BRAIN DRAIN' that is there is a chance of monopoly in the market by foreigners.
If government is putting strict rules and regulations on foreign companies globalisation is heartily welcomed.
|Rahul said: (Oct 27, 2013)|
|I think globalization is must in order to have equality. It helps us to understand the living standards of all so that we will improve living standards, if that is so every country gets benefited. There may be some problems in some cases but we have to look over its over all impact.|
|Arpita said: (Oct 21, 2013)|
|Yes, guys globalization is very important for our country, its right that it is one of our strong cement to build a good and strong country but still it is not fully developed, but if there would not be a globalization might we are not able to live a standard live, so as per my point of view, it is necessary for our country as well as for us.|
|Sri said: (Oct 9, 2013)|
|Ya globalisation is very essential and necessary because it has many advantages as employment, education, low price of product, GDP increase, etc. In the global level mainly for the developing countries. Though this has some disadvantages that because of globalisation the cultural and heritage of a place gets disturbed. So it is necessary to have globalisation without disturbing the culture.|
|Neelu said: (Oct 9, 2013)|
|Globalization has started early 90's. But, actually it started its era when Britishers entered India. At time they entered, they began to share their ideas, introduce their culture in India. All these revolution in many fields now are ideas adopted from them. At that early periods itself we have bought many revolutions without any communication. Now with this technology we can create wonders by globalisation in a proper way with limits. If the britishers would not have came to India we would have been an undeveloped country rather than developing this all happened because of globalisation. So I strongly raise my voice towards globalisation.|
|Rahul Kumar said: (Sep 22, 2013)|
Now India is coming on track of developed country only due to globalization become economically powerful due to foreign exports of Indian commodities, which brought foreign money. Level Indian farmers & manufacturers rises & they do commercial farming & get money only due to globalization.
|Reshma said: (Sep 15, 2013)|
|In my opinion Globalization is important for Indian economy. I think it is really good for any aspect of developing a country. Globalization means increasing the interdependence, connectivity, and integration on a global level, with respect to the social, cultural, political, technological, economic, and ecological levels. Globalization has helped in bringing about integrity and social understanding everywhere.
The opportunities for new markets has increased dramatically by globalization. The competition among different companies finds place at an international level. It becomes important for the companies to focus on quality goods and services, in order to have a strong foothold in the market.
|Chengappa M said: (Sep 3, 2013)|
|Globalization simply means connection between people across the world. Globalization helps the people across the world unite for jobs, for education and for trade. In today's world globalization is required for the development of the human race. Together the people of the world will work together for the betterment of the world. Globalization has helped the developing and the under-developed country a chance to have a better future; it has made communication, exchange of ideas and development across nations an easy task I feel yes globalization is necessary in today's world with the fact that each and every country gets to contribute and monopoly of a single company or a nation is not seen. There should be equal share of commodities and facilities so that no country is left behind.|
|Shebin said: (Aug 26, 2013)|
|Globalization is a process of exchange, in which globe acts like a single simple village. The new developments in communication and transport increased its pace. Here cultural, social, economical, political, and environmental aspects are exchanging, and all aspects are competing for betterment.
Cultural aspects include language, religion, dressing, styles are exchanging world widely.
Social effect include migration, social view, eradication of social evils, spreading of social evils like terrorism, women empowerment and etc.
Economical aspects include world wide trade, market competition, . Results in freedom of customer, though economy may not be in favour to small producers.
Political aspects include spreading of political thoughts and ideas, . Even the current example of Arab uprising.
Environmental and science aspects include the transfer of technologies and the uninvited environmental problems.
We are live in a world where information is superior. So we cannot isolate ourselves from growing world. It will take as to the dark ages. The only option is use it for our betterment and use wisely.
|Ruchit said: (Aug 24, 2013)|
|We are a developing country and our aim is to be a developed country globalisation is a very good medium through which we can upgrade our economy if its done in a proper manner. Government should act on these things so that it can work in a balanced way. It provides the employment, reduced prices on goods, choosing the best goods that we want and a real competitive environment in this modern world.
I am agree with the fact that it can harm our economy in different ways if there will be dominance that is the reason why the prices of rupees is decreasing as compare to foreign money. But at the same time I wanted the country to adopt this to have a progressive environment.
|Sefal Khan said: (Aug 20, 2013)|
|I would like to correct some of my friend. True definition of globalization is nothing but, sharing your knowledge, innovation, thought, process. In a context of india, now a days, many of the foreign company are interested to invest in India through FDI or FII. Are they come over here to revive our nation? or are they willing to do some socio-economic-welfare to our country? Obviously NO. They came here because they find huge potential as well as profit in India. If they can find a huge potential than why can't we do this? Now, we have potential to establish our own economy on our own shoulder. We have to fueled strength to evolve from the grass root level. In case of wal-mart, they will actually transfer employment from mom's and pop's shop owner to the educated people. According to me, right not India would not be able to revive its economy through FDI or globalization.
In the matter of 1990, we survive because of the new IT industry comes into the society. But, in these days, whole world is under the crisis.
Now, in the context of world, we have made the lines among the country. It is always good to share your knowledge.
|Kaushalyadav said: (Aug 13, 2013)|
|In my opinion globalization is really important for a country because FDI AND FII Are integral part for booming the GDP of a country which is possible only due to globalization.|
|Gaurav said: (Aug 3, 2013)|
|Globalization is the mode of having good connections between the two countries. It ensures the peace in world by building a great network among these countries. It is the need of the hour for every nation to be globalized but before that a country should thoroughly probe its situation because globalization may also threaten the SMEs.
Globalization gives the chance to improve any nation's GDP by simply increasing the competition in its market. It also allows the customers to get desired products according to their needs by facilitating them several choices for the same product. India is also gaining the profit by introducing the globalization in its various sectors.
The sectors which are really benefited from this are mining, manufacture, various private sectors etc. Now the developing countries are also taking the experiences of already developed nations assets. The countries which are ram-shackled or facing the bad GDP, bankruptcy threat can raise their standard with the help of introducing foreign investments or items in their markets. It also allows better liquidity in their markets.
Due to this, the poor countries are getting a chance of levelling their shoulders with some great countries. The developed nations are also getting benefited by globalization because now their products are being sold in other nations which brings back more capital to their home. Introducing the outsourcing is directly connected with the development but it depends mainly on how we are implementing it and what are the areas in which it is implemented.
|Indian said: (Aug 1, 2013)|
|Globalization is really important for any country (considering India) in the following aspect.
1). It improves living standards of country people, nowadays we can get any product which is not our country's product even in village for example any shampoo, toothpaste etc.
2). Employment -people are going abroad for job, also companies which came in India for investment in different sector are recruiting mostly Indian people in there company. But the second condition depends on rules of Indian government. In my view Indian government should make a rule like 80% employees should be Indian in that company in Indian centers.
3). It increases competition of the market so that people can choose best product easily. But to encourage our Indian Industry government should make rule that maximum 30% of the products in a shops will be made in India product.
4). It provides us world class education also encourages world tourism, contributes world class technology in every sector but most importantly in health sector. It improves economy etc.
But we should be aware of, how to utilize it, if we ignore this part we can get into trouble like elevation in price of dollar/rs. Or like 1800s, our economy can be crash and we mayn't do any thing that time. We lose our dependency in the terms economy.
|Shubham Rathore said: (Jul 29, 2013)|
|With due to respect your point as per my opinion, Globalization is improve economies of our country which has maximum number of doctor and engineer are passed out of every year. It Improve our GDP rate.|
|Mahesh Kapse said: (Jul 29, 2013)|
|Hello friends. I would like tell about the topic of globalization my opinion is to globalization is improve our country employment as well as it is better opportunity for getting good salary job. Due to globalization getting more and more job. It also remove unemployment in India.|
|Poonam said: (Jul 24, 2013)|
|Hi Friends, I would like to share my views on this topic. Globalization is like two sides of coins. It can be helpful or dangerous. We have seen lots of foreign countries are investing in our country due to which our economy is going to increase. People are getting chance of going abroad and improve their standard of living. But on the other hand if we not using globalization properly may be monopoly of foreign investor can be occur. In this case our government should be careful and attentive. In short it is lie fire if use properly we can cook our food But if we use carelessly it can destroy our house and lives.|
|Partha Rudra said: (Jul 5, 2013)|
I am Partha and I would like to put my opinion on the topic globalization.
Well according to me globalization is necessary for all countries to exchange values, technologies, resources etc. It is specially needed in developing countries like INDIA to resolve the unemployment problem, to develop the infrastructure of the country, to increase the GDP and hence to grow the economy. Besides it will also help to improve the life style.
Although it has many advantages, it has some disadvantages too.
Due to globalization, there is a chance of monopoly in the market by the foreigner which will dominate our country products and hence an adverse effect on our country.
But if Govt put some kind of regulation over foreign companies so that there doesn't occur any monopoly in the market, globalization is heartily welcomed.
|Pralad Dessai said: (Jun 21, 2013)|
|Globalization is a key factor in the development of any nation. Globalization allows you to share your ideas, views especially with the nationals from other countries. India has been able to spread its culture all over the world only due to globalization. Indians always want to go abroad for better job opportunities. Globalization gives you the freedom to settle down in any nation. Globalization is spreading peace all over the world.|
|Kayla said: (Jun 19, 2013)|
|There is certainly a positive side to globalization. Those who support it say that it creates jobs by making companies more competitive. This results in lower prices for consumers. Others support globalization because it brings capital and technologies to impoverished nations and brings international products back to the United States in return. Globalization increases the number of decisions that are made on a worldwide level, resulting in a merging of politics and decisions that are made for the good of people all over the world. The cultural intermingling that occurs also promotes greater equality and acceptance of others, especially since different people can share the same financial interests. Speedy travel and worldwide communication has resulted in a more educated, more cultured public.|
|Shubhi said: (Jun 18, 2013)|
|As every cloud has a silver lining so Globalisation too has. It is must for any country to help in the economic as well as social growth of a country. It is needed to keep in pace with technological advancements across the world and overall developments in the world.|
|Mohit said: (Jun 12, 2013)|
|What is Globalization?
Globalization is a series of social, economical, technological, cultural, and political changes that promote interdependence and growth.
Globalization raises the standard of living in developing countries, spreads technological knowledge, and increases political liberation.
One of the benefits of globalization on a social level is an increased Human Development Index. The Human Development Index is a measurement of a country's social, political, and economical growth in comparison to other countries in the world.
Negative aspects of Globalization:
Globalization has led to exploitation of labor. Prisoners and child workers are used to work in inhumane conditions. Safety standards are ignored to produce cheap goods.
Earlier people had stable, permanent jobs. Now people live in constant dread of losing their jobs to competition. Increased job competition has led to reduction in wages, and consequently, lower standards of living.
Positive aspects of Globalization:
Globalization has created the concept of outsourcing. Work associated with software development, customer support, marketing, accounting, and insurance is outsourced to developing countries like India. So, the company that outsourced the work enjoys the benefit of lower costs because the wages in developing countries is far lower than that of the developed countries. Workers in the developing countries get employment. Developing countries get access to the latest technology.
|Bilwa said: (Apr 29, 2013)|
|Yes to some extent globalization is very useful to a developing economy. But before going global and government must ensure its own players are competent enough. Otherwise it can backfire. For example let we have all big retail shops are owned by foreign companies in our country. That might create jobs but the Indian people working there must be the lowest paid employees. And that will not help our GDP. We must have some have Indian companies strong enough to enjoy the fruit of globalization.|
|Sunny said: (Apr 23, 2013)|
|To keep and spread the gains, government must not only reduce barriers to trade and investment, they must also get domestic policies right. Many people may think that globalization is making poor countries poorer. However the evidence is very convincing that developing countries that globalize grow and reduce poverty level faster than those that do not. For example, recent study of 72 developing countries shows in the 1990's globalism developing economies real incomes and output grew faster, on average about 4 times faster, than inward looking economies' output.|
|Sweta Hazra said: (Apr 21, 2013)|
|Great Good Morning Friends,
Globalisation is really very necessary for our country to prosper. As we know globalisation is a means to which cross country flow takes place of output, technology, investment, etc. In a developing country like ours free market enterprise is very much needed as it will not only enhance production and sales but also it will generate employment opportunities. During 1990s, the government of India decided to embrace Globalisation as a means to raise up its economic condition in a better position.
Well to end up, I must say that Globalization's with all its positive points has also got its threats as well. The policies might also hamper the economy by poor utilisation of resources.
|Bittu said: (Apr 15, 2013)|
|Yes Globalisation is necessary, for an economy to grow. Globalisation refers to the integration of economic, technological, socio-political factors with the world. And with globalisation, with the mutual cooperation and assistance -particularly with reference to the law of comparative advantage- it is going to be beneficial. Globalisation also helps reducing the poverty level in the country-there are plenty of evidences and record to support it. Developing countries specially require globalization. Because Indians are very rich in resources of skilled manpower.
So Other countries are interested to invest in India. We don't have that much funds/money to make very huge industries or developments. There is no shame to invite other countries for investing. Lot of advantages are there. Employment, infrastructure development, tourism, foreign exchange and etc. Even America would be nowhere if globalisation was an imaginary concept never put forward. Half the world's countries would be reeling in depression right now if not for globalisation.
For example, petroleum, most countries are on the verge of depleting their entire reserves and some countries don't have it at all. Seeing this if not for globalisation the entire world would be left crippled due to the massive energy crisis facing them. While globalisation is necessary it is not sufficient to ensure communities gain from globalisation. To keep and spread the gains, government must not only reduce barriers to trade and investment, they must also get domestic policies right.
Many people may think that globalisation is making poor countries poorer. However the evidence is very convincing that developing countries that globalise grow and reduce poverty level faster than those that do not. For example, recent study of 72 developing countries shows in the 1990's globalizing developing economies real incomes and output grew faster, on average about 4 times faster, than inward looking economies output.
|Raj said: (Apr 11, 2013)|
|As far as my knowledge, globalisation creates good job opportunities and it increases the national growth and development globally. Our country is a developing nation need to be become developed one. In Order to have that we should allow globalisation. Globalisation makes the country to adapt new things like technology, infrastructure. It allows the country to make relationship with other countries.|
|Amit Yadav said: (Mar 18, 2013)|
|Well I think that globalization is must for every country. It helps to combat causes like unemployment, financial problems, education etc. Due to globalization foreign companies spend their capital and opens their firm in other countries which further increases employment level and thus, standard of living of people will be raised automatically.
In the year 1990 globalization was started in India and at that time GDP of India was 97% and now in 2013 it has increased to 8 to 9%.
As some of them spoke that we are forgetting our culture, but I think it not so, we are just mixing our culture with western to make a better culture. Everyone needs change so as to prevent himself dying from bored.
Despite of it's advantages it also has some disadvantages like.
* Sometimes it causes "BRAIN DRAIN".
* Foreign market might dominate over Indian market, but if globalization is allowed under strict rules and regulation of Indian government then it doesn't remains as this advertisement. Anymore.
|Gaurav said: (Mar 18, 2013)|
|Its a very important point. I think globalization is good because it gives consumer more option and so the supplier has to improve the quality and cut the prices to stay alive in competition. And it prevents market from being a monopoly market, and also invites new technology, and production tech.
While it can also be detrimental to domestic industry on some occasion, because its hard for Indian companies to compete with the foreign companies where the interest rate is as low as 2%, and low labour cost. The prime example of this is the electric market dominated by Chinese products in India.
|Arpit Agrawal said: (Mar 14, 2013)|
|Globalization is necessary for our country because by this we can improve our financial condition, we can reduce our unemployment because every year most of the students become engineer but only few get the job so by globalization we can get the chance to go in some foreign companies or we can interact some other groups of companies. In our country by this we can do better in future and can improve the health&wealth. So try to improve globalization, it is more important for us.|
|Devender Kumar Chandel said: (Mar 11, 2013)|
|I agree that globalization is necessary for developing countries like India as it provides better career opportunities, infrastructure, new technologies and a better living standard. But it should be welcomed with utmost care otherwise it will ruined domestic and small size businesses like done by China in Indian markets.|
Is Globalization Really Necessary?
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