Multinational Corporations: Are they Devils in Disguise?
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Points to remember before you participate in this disuccsion:
- Assume, you one of the member of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Express your positive attitude towards providing the solution.
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Soma Sundaram said:
(Wed, May 15, 2013 12:04:25 PM)
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Positives:
In my point of view MNC's are very good and they are increasing economic growth in our country by introducing new technologies and introducing new products.
They are increasing employment in our country and another advantage is they don't consider any recommendations and reservations.
Negatives:
1. In MNC's working hours are more as we compared with the other companies.
2. They are not providing any welfares to the workers and they are giving low salaries,
Anyway MNC's are very increase our economic growth and they are excellent. |
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Rate this: +1   -0
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Radhey Shyam Bairagi said:
(Fri, May 10, 2013 02:21:17 PM)
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Namaste Everyone!
All the things as you have told that is fine but as earlier my friend said that we should learn good things from it and forget about bad things. I said why? I want to think also the policy of bad effects after taking it into the process in our country as many industries are spoiling to the Ganga river which is an excellent source of good quality. I am saying why? this is only because of neglecting bad things and taking only good things into consideration. There should be solid policy for the bad things also with the equality of goodness. |
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Chengappa M said:
(Tue, May 7, 2013 09:12:06 PM)
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Hello everyone!
MNC's have their own pro's and con's.
1. The moment India liberalized its foreign policies MNC's started to appear in the country. The very need for it in our country was to improve the economy and to have a steady growth.
2. The market of the country drastically changed when these companies were launched in our country. Since the manufacturing units got setup in the country the rates of the commodities decreased. For example The country saw exchange of products as menial as variety of food commodities sold overseas never dreamt of being sold in our country.
3. It urges youth to acquire knowledge and get a job in these companies and be self dependent and employed. These companies do not ignore the people who were less privileged in case of studies. Jobs are being generated for everyone.
4. As far as the changing mindset or westernisation of people, Change I believe is inevitable.
To find growth and success some changes in a good way should be welcome. |
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Sk Arman said:
(Tue, Apr 30, 2013 07:23:04 PM)
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Hello to everyone.
Everything in the world are having pros and cons, it is our responsibility to adopt or learn good out of it and forget or left the bad of it.
So MNC do have the good and bad quality. But in my opinion it has given wide range of things to learn.
Some of my friends said above that its destroying Indian culture, its not MNC its us who is destroying our culture. If we stick to it no one could able destroy Indian culture.
Besides this a lot of things like unemployment issue, economical growth, better life, better product, better education, technical knowledge that MNC helped Indian to learn. So basically what I mean to say learn the good things of their and apply in our country to grow. |
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Rate this: +17 -1
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Poonam said:
(Wed, Apr 17, 2013 06:46:40 PM)
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Hi friends,
Today's topic of discussion is very interesting. According to me everything in this world has pros and cons. Same is the case with MNCs. MNCs are providing very good opportunity to the people who are hard worker and talented. People are going abroad and improving their standard of living. Number of jobs is increased. They increase our Indian economy. In my view its boon to our country. |
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Rate this: +18 -0
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Deepak Mundhada said:
(Tue, Apr 9, 2013 04:17:10 PM)
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| In my point of view MNCs are now capturing the market completely. Today people are fond of going to the MNCs for job even. By those people these companies are making money like anything. Our intelligence, knowledge should have been used for our country rather for others. By which we would enrich Indian economy as well as international importance too. |
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Rate this: +8 -7
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Sharat said:
(Tue, Apr 9, 2013 02:01:17 PM)
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Friends, let us consider both sides of the coin to decided whether MNC are devil or not for Indian Economy.
Pros:
1. MNC are providing employment.
2. MNC are providing quality goods and services.
3. MNC are creating healthy competition among themselves to provide cheap and quality goods and services to us.
4. MNC are exposing to western style of working to us to boost our export.
5. MNC are bringing foreign capital and technology.
Cons:
1. MNC are providing employment to best of Indian student what about masses?
2. MNC are providing foreign goods and services what about Indian Industries?
3. MNC are destroying Indian Industries which requires support from Govt.
4. MNC are bringing unhealthy practices and avoiding taxation.
5. MNC are not interested in development of Indian Industries and self reliance of India.
6. MNC are profit motive and taking all the profit earned from India due to cheap labour and other resources and making rich their parent company and not contributing anything for the welfare of Indians in general.
7. THE CAPITAL BROUGHT IN BY THEM IS MOSTLY BLACK MONEY OF POLITICIAN AND INDUSTRIALISTS OF INDIA ROUTED THRU THEM.
THE MNC ARE DEVIL IN DISGUISE and WE SHOULD BE BEWARE OF THEM. |
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Rate this: +41 -4
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Abhinav Joshi said:
(Mon, Apr 8, 2013 07:05:03 PM)
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From my point of view MNC play a crucial role in economic development. Their vital contribution can be judged out from following points-.
1) They improve living standard in the economy.
2) They also contribute towards social development like increasing awareness for education, health problem.
3) They contribute significantly to GDP of an economy.
4) Proving employment opportunity.
But there are also some lacunas of MNC. So with increasing mnc, govt interference should be there, so as to bring balance between profit maximization (MNC) and social welfare. |
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Rate this: +5 -4
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Ani said:
(Thu, Apr 4, 2013 09:37:47 PM)
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Hi friends,
According to my point of view, I'll say MNCs are good for our country. Because our country has low economy compared to some other countries. For the people, it is difficult to make their own job or to get job in government sector. Here MNCs provide good opportunity.
Almost it is a boon to our country. By the use of MNCs people can easily get jobs nowadays. It changes the lifestyle of the middle class people. They can earn quickly. In fact, MNCs so help the country. People who working in MNCs pay their taxes. If their salary is high, their tax will be increased. So it helps. So MNCs are good. |
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Rate this: +14 -3
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Sathya Shivam said:
(Thu, Apr 4, 2013 08:09:11 PM)
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Hai friends,
MNC plays vital role in the economic development of India its true and I agree that.
But what happens is.
Positive impact on the economy and life style of people.
Negative impact on the society and Indian culture.
The impact on society is negative because of the following reasons.
1. Increase rate of divorce cases.
2. Threatens women's safety due to change in culture.
3. People give importance to materialistic life due to western culture.
4. Importance for man has gone and importance for money has born.
5. Peoples are identified in the society and give recognition based on how luxury he is.
6. It destroys our Indian culture.
7. Increasing rate of suicide due to depression.
8. Living years of man is reduced.
9. Genuinity and ethical behaviour are only in books.
These are all negative points.
Our gov fails to take measures to curb the above impacts due to MNC. |
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Rate this: +7 -25
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B.Abhinaya said:
(Fri, Mar 29, 2013 07:08:35 PM)
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| We can't treat MNC's as Devil. It is boon and bane to our country. Its not like that the Indian companies products are cheap and MNC's are best. However people choose the product of the better quality with cheaper cost out of their economy. Fortunately or unfortunately our products have less features of what the other companies produce. In this case its not justifying to support them as our economy is letting down so its the employees of the particular company are responsible to make products of better quality atleast if features are less so that people who afford can choose obviously of quality product. But as some of our friends said, it is boon to us as they recruit highest number of employees which rates the highest employment rather. |
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Rohit said:
(Wed, Mar 27, 2013 11:34:38 PM)
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Appreciating the views of all the members.
If we look at the present history of India and analyze the economic and social conditions and compare with the present conditions we can easily and clearly visualize the positive and negative sides of the MNC.
Positive:
We can see that the govt owned companies are becoming seek and in place of taking the role of being an driver for the nation building they are becoming burden to the government This is mainly due to the inefficient management, the security of govt jobs and mostly the monopoly of market. But after the globalization of the Indian market the scenario has totally changed the market monopoly is no longer there all the companies are in equal pitch of business market, Manly global MNC's in different sectors like power, IT, Medical services, aviation etc has come to India. They brings the best practices in management and technology. To compete with this MNC's and to exist in the market we seen many reforms for the govt owned company's and they are totally changed and become competitive.
India is rich in many natural resources like Bauxite, Iron ore, coal but due to lack of infrastructure it is unable to convert them to useful products which in turn increase the value of import and slows the growth rate, Indian MNC's and foreign MNC have invested in India for the set up of facilities that in turn increase the production capability of India and reduce the value of import.
The MNC's have created lots of direct and indirect employment that reduces the unemployment rate to a large extent.
Due increase of the business operation sphere the natural resources are harnessed at and higher rate and distributed quickly that has increased the livelihood for people.
In Indian education system MNC's have in effect caused many changes. At present too many professional degrees like B.Tech, MBA are introduced and no of people holding this degrees are increasing rapidly which has created a large no of highly educated Indian workforce. Due to this courses the education business is also in boom which in turn has created a large no of jobs. |
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Rate this: +14 -2
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Yogesh said:
(Thu, Mar 21, 2013 07:32:25 PM)
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| According to me MNC play a very crucial role in developing any country it gives opportunities to the person who want to work in a big country MNC are the a key element in increasing the quality of the product it also ensures making the firm or an organisation in a more organized manner because all kind of department are there in a MNC. |
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Rate this: +7 -3
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Aman said:
(Wed, Mar 20, 2013 07:59:58 PM)
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According to my point of view. There are various advantage and disadvantage of establishment of MNC company in India.
Various MNC company working in India provide the best opportunity for a person to grow and fulfill his or her dreams. Person working in MNC company gets a perfect platform to sharpen there skill where he has to compete with other countries.
As we all are aware that world is moving towards the globalization. Here various other country are leading all together and trying to establish there business as far as possible.
I totally agree that MNC company demands for a great hard work from a employments. But with respect to it, it also provide a handsome amount of salary which is equally fair enough. |
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Rate this: +11 -0
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Kaushik said:
(Tue, Mar 19, 2013 08:16:43 PM)
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I think we may not blame MNC's as devils as the products from their company are best chosen by the people of India more than the products from the companies of India.
For example:
Take a situation where you are given 10000 and you are asked to choose a mobile between two brands: Samsung and micro max or any Indian company.
Then every one would choose an MNC like Samsung or Sony; because they offers more warranty and features unlike the Indian companies.
So its totally the fault of Indian companies. |
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Rate this: +3 -2
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Parveen said:
(Sun, Mar 17, 2013 06:53:01 PM)
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| In my point of view MNC has like two face of coin, in good face yes they give Job, Good product & Services, healthy competition, better technology and working environment as well as economic growth. But in bad face we can see they take more work in compare of their remuneration. They create monopolistic environment later through dependency on their product. So the government Should make some strict regulation to safe our resource and make provide the benefits to its citizen. |
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Rate this: +5 -1
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Rahul Udhwani said:
(Fri, Mar 15, 2013 02:29:44 PM)
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Hi Guys,
First of all Thanks for kind suggestion on this topic MNC, for India.
Let me explain the full form of MNC (Multi National Company) is correct.
There is a Quito to salute for your kind advice, as we all know every coin has two sides one bad and second bone also so doesn't matter what other think on your advice let say what is in your mind.
As per my opinion MNC is not devil below mentioned some points are explaining the value of MNC.
1. MNC will increase goods quality which good for us.
2. From MNC people will aware about the western product, Westerns knowledge are also important for us, people should be aware from this enhance westerns info.
3. India is a second largess country in the World and first in Asia there are 60% peoples are belong from middle class family and 20% people are belong from lower family and the rest 20% people we are know well about their luxury life. So they choosing their ability product.
4. Better product need better experience and maximum count of labor so these also plus point for unemployment people who are suffer from unemployment.
5. MNC bring economy high when max inhabitant being their job then economy will increase automatically.
6. We know about rural areas Villages, I do agree thousands of Shop are available there but product quality is very cheap of this product it's quite possible peoples are suffering from cheap product and quality.
7. This is good for new generation from 2001 we have seen many up and down in every sector, which work was done within a day now the same work we can do in a hour quite easily than earlier.
8. I am not saying MNC will get exclude the cheap product. As I said in above coin has two side, its not happening in India only it's happening entire the world.
9. Government has to ensure the dearness and must increase the rate of Tax on PUB, CLUB and BARS GOA Govt had ensure already. So that peoples will rarely go there its also plus point for our culture.
10. In these days peoples are fond of Western things its possible MNC will replace our culture. With MNC people be alert this thing.
We have to accept as MNC bring India will develop employment and economy will also increase. MNC will definitely take lots of work from their employee and being a Indian we know practice and hard work make man perfect. But some peoples are not fully physically fit for this job. There a matter wherein we need a favor from MNC the favor is this physically weak worker should being there with small works.
India continuously focus on economy but it happened when the max employee being there with job. As many a times we have seen C class customs get the Govt job easily while the batter guys are here this is a main point wherein Govt getting down. We know very well C class guys are also made perfect him/herself but Govt should be appoint the people where that sector need the same guys. |
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Rate this: +11 -9
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Sree said:
(Thu, Mar 14, 2013 10:49:55 AM)
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| According to me MNC are not devils. They create something prestigious to the country. India has reduced their unemployment population because of MNC. At every rapid place MNC made a landmark of their opportunity of jobs. Of Course the people in IT MNC are pushed to stress and other aspects but they pay for it and they choose it. Its the biggest need it should not be stated as slaves. |
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Rate this: +11 -3
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Jog Jo said:
(Tue, Mar 12, 2013 11:57:54 PM)
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Dear friends,
After the liberalisation policy adopted by Indian government many MNC entered in country and contributed to growth of the country and so India is now enjoying manifold growth in their world share. MNC not only brought money to the country but also provided employment with world class working environment with increasing individual competence and more opportunities. Competition in Indian industry so more options at cheap price available to customer, and also made India a part of global village which is enjoying number of new innovation each minute and also gave opportunity to the Indian talent to prove it's iron at world stage.
Though they earn profit from our country and deposit it to their but the money they invested earlier in our country worth more to us, in term of return on investment it is beneficial to us.
Let's take it industry, it provide large number of opportunity to Indians and also gave Indian companies to become multinational, electronics industry,
Companies like Samsung, lg, Toshiba, dell and many more brought best product to Indian.
Customer and also competition so that customer have more option and mean while Indian companies also find their own way to fight with multinational by making low cost materials and so customer have more options. Bringing in opportunities is good thing and policy of liberalisation or MNC culture is good thing. |
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Rate this: +10 -2
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Bhavik said:
(Mon, Mar 11, 2013 08:58:31 PM)
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Hello Friends,
I don't think so that MNC's are devils. Or in fact I would rather say that MNC's provide vital opportunities for Indians or youth to get an job and express themselves in an arena which have a very professional and different environment, which indeed help ourself to change our life style. And to be straight forward enough each and every one requires money in there life so no matter how much time MNC's fixes the work hour, an individual works on his own will. But government should only prefer those companies which hav high GDP and does not affect the Indian market. But Indian MNC's also have to improve their background and working environment. Final conclusion is that MNC's decreases the rate of unemployment. |
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Jithin said:
(Tue, Mar 5, 2013 10:20:04 PM)
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All MNC have their on unique way to maintain the business and to improve the productivity, they have patents. Thus our unorganized sector forced to do the same for survival. This makes increase in the quality of the service. But the government of India should provide enough support to our part like in the scientific and technical support, marketing etc.
This will improve the over all performance of the economy. Strict supervisions on this sectors are necessary. |
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Rate this: +5 -1
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Rajin said:
(Thu, Feb 21, 2013 05:40:00 PM)
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| In the main point view MNC come in India is better than in Indian economic style change more job opportunity creating filling the unemployment in India. Every one can thing the better job in life and good product increasing our life style all providing the MNC. Negative or bad effect coming after the joining the company we doing 1 or 2 year in this company our health and mental strength are decreasing all our good time wasting in this particular job satisfaction time. |
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Rate this: +2 -24
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Ashwini Y. Gharge said:
(Wed, Feb 13, 2013 01:09:40 AM)
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No, I am not agree with this topic that MNC are the devils for our country. Because without MNC government can't able to provide good employment opportunity to people. Unemployment people create economic problem for all. Yes I do agree that MNC gives lots of work and pressure to their employees but again they are paying for the same. Here MNC only looks talent cast system is not applicable while recruiting the people. So it create good opportunity to Indians to show our talent and get rewarded from them.
Government is not able to provide employment opportunity to all and for open cast people it is very tough to get job in government Sector. Hence it is good to have MNC.
Thank you. |
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Rate this: +45 -11
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Vinay Chauhan said:
(Fri, Jan 18, 2013 03:21:57 PM)
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Causes of High oil prices and remedies:
1. Devaluation of Rupee against the Dollar.
Dollar has gone very strong against Indian Rupee because of the wrong policies taken by the UPA government in past years. High Rate of interest on loans taken from World bank. $15, 133, 430, 969. 17 (IBRD: Summary of Current Loans for India as of 05/31/2012).
2. High Taxes (Sales Tax and State tax) on fuel is a rich source of revenue generation for the Govt.
The Central govt has different taxes, which amount to about 24-26% of the final cost. The states taxes vary, but on average end up making about 20-25% of the final cost. As a result, approximately about 50% of the pump cost goes to govt in form of different taxes, which is the main contributor to the price of Fuels. A good and effective Government like that of "Goa" reduced its state tax there, therefore making the people pay Rs. 7 lesser there and increasing taxes on pubs and Bars.
3. Demand and Supply.
This is the most easiest to understand, as a country of 1 Billion people there is a high demand of fuel and prices increase as demand increases. Gulf countries raise the prices/barrel from where the crude oil is generally imported.
4. Highest possible level of Corruption by the Current Government.
Giving License and exploration exemption to private companies because of high level of corruption. Instead of state run companies like ONGC, HPCL, IOCL projects are often given to private companies. Thereby making a huge loss to the nation thereby effecting the common man. |
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Rate this: +40 -15
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Manikandan said:
(Wed, Jan 2, 2013 07:00:14 PM)
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Hi friends,
To me MNC companies are the great upthrust to our country. Many feel it exerts a heavy work load, its true but your getting paid for that so it doesn't matters you work for 8 hours or more. People from rural areas join these companies and their life style has been changed.
Everything has a good and bad its up to you to take any one. No pain No gain. |
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Rate this: +40 -24
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Sagar said:
(Thu, Dec 27, 2012 08:52:19 PM)
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Hello friends you all are too good with your points. I would also like to add some points.
First of all MNC (multinational company) has both positive and negative effect on our economy. MNC companies give a better platform for the opportunist who want to do something great in their life but it is also found that most of the people commit suicide due to high work load. Sometimes its the jealousy which lead to one of the employee to make humiliate someone which he can't able to withstand which ultimately leads to not having proper bond between them. Though MNC provide good opportunity but when we will dive into the deep we will find that most of the MNC companies are certainly evil in disguise. So what I think is that government should enforce some norms and law before establishing of MNC companies there should be fix hour of working period for all the employee there must be covalent strong relationship in between in each and every person this can be enhances by adopting management by objectives (MBO).
Thank you. |
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Suhasnu said:
(Wed, Dec 12, 2012 10:16:00 AM)
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| As we need trade for implementation of country economy and proper evaluation of value added material/money flow where MNC takes a great role certainly. Change make fear, doubt in commoner but MNC aligned with good quality product, services and employment generation, Certainly Big Business service has CSR perspective for prosperity of country. We see This can make Good valuation in Indian Market and to promote from developing country standard it has high impact because It can give good amount of GDP share in our country but what is the situation Government need to be strong from inside in any social and economical issue and good and transparent measure should be taken not for political gain only but for stringent thrust on social issue like family monetary issue hampering children education and growing. |
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Gyana said:
(Fri, Dec 7, 2012 09:52:27 AM)
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Think positively that MNCs are providing a better opportunity towards employment. No doubt work pressure is high as compared to salary but you could have a chance to earn money rather than sitting in home without doing any job.
These MNCs are providing jobs to mainly technical and management graduates & at present scenario our govt will definitely not able to provide jobs to such graduates which will increase unemployment. So I don't think that MNCs are devil. |
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Tushar said:
(Fri, Nov 30, 2012 04:53:21 PM)
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Hello Friends,
After going through all of your views, I do have some opinion. No doubt today if we are from an average income family, and doing job in any MNC's, We are not stepping back to purchase a car of our own after 2-3 years of our initial service. It shows the standard of living in a developing country like India. The establishment of MNC's have acted like a catalyst in increasing the economy of the country and ultimately the GDP.
If we talk about the globalization then I suppose this is one kind of globalization where combined efforts have to be made. I think the only problem lies in implementation which India lacks a lot. In country like USA, Australia, UK, Japan etc. They do have MNC's but the way of dealing is very different.
We should not also blame the Government fully because we are the people who are making the Government Because of the establishments of the MNC's our presence can be sensed in the world and it has also taken India to heights in terms of technologies, employment, services, etc.
Regarding the underprivileged ones, I would certainly tell them to wait until a fresh, clean, transparent, non-corrupt Govt. Comes. |
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Yamuna said:
(Wed, Nov 28, 2012 02:24:30 AM)
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Hi friends,
LPG model was enforced in Indian economy owing to BOP crisis affected by Gulf war. Initiation of foreign MNC's happened not by choice but as a defensive action to protect our economy.
Whatever has been the originating cause, it had brought a manifold growth in Indian economy, which was crippled, isolated and backward during immediate post independence era.
MNC's had been treated nothing but boon before the recession. Only after which we could see insatiability in the globally interwoven markets. They have opened the doors of huge employment opportunities to our educated youngsters and the reign still continues.
Due to the cut throat competition and survival in the international markets, all the participants are left with no other option than to give all their waking hours to the production and development of new services. But, once the process of surviving has started it will emerge only into a never ending process as per Darwin's theory-fittest survives. |
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Siva said:
(Sun, Nov 25, 2012 07:32:48 PM)
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As for as I am concerned.
Positive: MNC companies have created new job opportunities, employment rate is increased or we can say that it reduced the unemployment rate, salary given to the employees also are high. MNC has given new technologies and also helped to increase the economy of a country and a individual human being. With a more MNC companies in India, the people can get quality products and faster service.
Also in a negative side : they take lot of work from employees, it will lead to health problems for employee, also they are having the mentality of a profit rather than employee welfare to some extent. But the government has to put right norms, if an MNC company wants to start a business, government should tell them the rules and regulations, a employee should be given work for only 8 or 9 hours, also MNC companies should take social responsibility of the country to take part in some educational and welfare activities. So that MNC companies aware of what we are going to do in the new country, not only a business but also to be part of development of that country.
Final verdict: govt norms should be clear. |
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Ashish said:
(Wed, Nov 21, 2012 08:36:22 PM)
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I have a different take on this whole issue.
Since countries are becoming more integrated in approach than ever before they need each other for their combined growth.
Also each countries have their distinct quality which is not there in other and every one wants to leverage on that quality.
In providing these quality services companies try to enter in other countries. And they companies help in growth of other countries as well besides getting profit which is legitimate, for their own operations and thus also helps in their own countries growth.
Where ever these companies go they generate new job opportunities, provide technical advancements and best practices.
So these are the good things that comes with MNC's.
The darker side of this is that most of the companies pay bribes to governments and officials for their clearances. But this should be seen as our own problem which makes this companies to give bribe. The system have inherent flaws which should be removed so that they can also give more to our own country. |
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Shalini said:
(Tue, Nov 20, 2012 09:53:01 AM)
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Friends.
MNC's play a very vital role in the development of a country, since 1990's doors of Indian economy have been opened for the rest of the word. As a result Indian economy has seen growth from 6% to 9% consistently. When the whole world is progressing how can we keep the wings of our economy tied. MNC's provide excellent job opportunities to the youngsters, promotes competitiveness among domestic companies and foreign companies thereby improving standard of domestic products, provide market to Indian agriculture sector as it provide raw material for the industries. Thus MNC's lead to overall development of the country. |
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Mahesh said:
(Tue, Nov 20, 2012 08:17:27 AM)
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| No. Multinational companies are not devils in disguise. They recruit many unemployed people. In that way they are beneficial but the candidates' are really troubled by getting salaries that equal only half of the total work extracted from the employees. So, the employees definitely feel that they are being looted and cheated. Those who admire MNC's must leave this to their common sense instead of blindly admiring it. The government must also interfere in this issue and make necessary laws for the safety and welfare of the employees. Thank you. |
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Ram said:
(Mon, Nov 19, 2012 10:11:03 AM)
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| MNC's might be devils but they eradicate most of the unemployment and its true that they are away from caste based reservations by choosing skillful candidates etc. Most of the candidates may feel that they are being paid highly as well as doing more more work. Yeah, sure, this is a positive thinking. When you hang some weight to an elastic string, it stretches down and when we add some more weight it still stretches. And when we go on adding such weights. Finally the string loses elasticity. The same happens with positive thinkers leaving them collapsed :) Thank you. |
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Varun Singh said:
(Mon, Nov 19, 2012 01:20:23 AM)
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We should also look upon the other toll taken on the our culture. It is well identified in case of 2G SCAM and few others that under scan of CAG showing the result of never before happened level of corruption in country.
If MNC bring in the employment it also brings with them the tools to tarnish country image. And not to forget the increased suicide case in professions or dependence to smoking & alcoholism due to work pressure. A word known as balanced life is completely eroding form the work culture and sufferer is the family.
So, MNC showed be allowed with certain restriction that it should not degrade the work environment by providing suitable employment guidelines by Government. |
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Rate this: +14 -4
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Yamuna said:
(Sat, Nov 17, 2012 05:12:56 PM)
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Hello friends,
MNC is not devil and it is not an angel too. Each coin has its own sides, likewise MNC has both positive and negative. It reduces unemployment and increases the basic standard of each person. And it indirectly or directly increases the standard of education and the most appreciable thing is, it eliminates caste based reservations, only the talented ones gets placed. Sure I even accept that they get lot of works from their employees, but rather than looking into the negative part be positive and if we enjoy our job it won't be burden I think so. Thank you. |
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Rate this: +44 -5
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Kal'Yan said:
(Fri, Nov 16, 2012 11:47:42 AM)
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| They are not devils in disguise but they extract more from the employees by not paying reasonable salaries. I think only 40 percent of the income collected as taxes from the MNC's by the government and in that way also the government is not benefited. MNC's were established for their own ends and not for the unemployed and yes the unemployed may feel they are benefited by getting a job but after realizing that they are extracting more from them, they feel they are being looted. Thank you. |
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Rate this: +5 -2
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Rabbit said:
(Thu, Nov 15, 2012 10:45:05 PM)
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For the average employee:
One earns for a living, not the other way round. If you work 12-14 hours a day earning only 50% of what you deserve (which usually happens in most mnc's) and that too in such harsh cut throat environment obviously your marital and social life will get affected and then your performance will decline and you'll either end up being a divorced, smoking, beer guzzling lonely hag or end up killing yourself too soon.
For the people at the top:
You work hard, slog your ass off all life and finally when you reach your 40's you got this position, awesome salary and work from home type stuff. That's when your actual life starts. At your 40's.
Now, one has to decide themselves weather they are willing to ruin the present for a better future because for some, the goal is to be at the top. For others it's living a god quality of life. |
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Rate this: +6 -7
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Robin said:
(Thu, Nov 15, 2012 06:01:22 PM)
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The answer to the question is YES, Multinational companies are devils in disguise.
In one way we see that MNC's are giving us job, salary which leads to better standard of living and in no time you find for money but same time due to work for long hours leads to lack of sleep, depression, health problems and yes even some times family problems.
According to me yes MNC's helps in increasing the economy of the country at the same time causes huge pressure and tension to the employees but in disguise. |
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Rate this: +7 -1
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Sam said:
(Thu, Nov 8, 2012 09:31:58 PM)
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We cannot say MNC's are devil in disguise cause it has lots of advantages rather than disadvantages. Advantages like it provide the jobs for the unemployed, provide a better living standard, provide the better quality product, help in the development of economical condition of our country.
However it has some disadvantages that some small companies are facing problems due to these MNC's and one problem that MNC's are taking extra work from the employees, which is really not fair and it can affects one's health and it should be banned by our government by limiting the maximum time of working.
But MNC's are not like a passing fad. It always comes with the new idea, with new quality product.
Directly indirectly as it helps in the economical development of our country so we have to ignore some disadvantages because to get lots of things one should bear something. |
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Rate this: +12 -2
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Deep said:
(Wed, Nov 7, 2012 12:31:27 PM)
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I don't think that MNC's are devils in disguise. There are lots of advantages from MNCs such as:
1. They provide us lots of job with good salary.
2. Provide better quality of products.
3. Provide those product or services which we are not able to buy in our country.
4. Provide fast and easy services.
5. Help in improving our education system.
6. Help in improving living standard.
7. Improving our financial and economical conditions.
8. Inspire youths of our country and so on.
But yes I agree that MNCs take lots of work from our people. They call their employee in late night shift and take work 12-14 hrs which is bad for health of any person. So our government has to ban these things by giving notice to these MNCs that they have no right to take work from any employee for more than 8 hrs. There should be maximum time limit of work which should not be exceeded.
As some Indian companies like RELIANCE, TATA GROUPS etc are also MNCs and earn profit throughout the world then I think MNCs are not bad. Yes it is true that due to these MNCs our Indian companies are not famous because people attracts towards the foreign products more than the Indian product. But this is the fault of Indian company. If they increase the quality of their product and their services and decrease the rate of the products then they will also become famous and demand. |
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Rate this: +73 -2
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Rated R said:
(Mon, Nov 5, 2012 01:30:50 AM)
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| MNCs are the benchmarks upon which the domestic market can look upon on how to proceed in their business. Why Indians run after the MNCs for a job or give more preference to a foreign retail than our indigenous product ? not because they are 'foreign' but because their price tag is proportional to value and longevity. There is security in MNCs which is sorely missing in our domestic spheres. |
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Rate this: +8 -2
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Teja said:
(Fri, Nov 2, 2012 07:36:35 PM)
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Hi I to agree that mnc did a great favor to our country. It provides job opportunities with high pay and also change living standards of an every individual due to existence of mnc's made all other countries in the world to know the economical strength of our country because we all know that only limited number of countries having those mnc companies.
At the same time though the pay is high but the knowledge in technology is less when compared to the non mnc companies because they use all automated tools to complete a project so what I feel is an individual have nothing to be learn new in mnc companies. |
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Rate this: +4 -7
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Muhammad said:
(Tue, Oct 23, 2012 01:22:30 PM)
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MNC's are playing main role in India. The MNC'S are giving lot of opportunities to the students and people. By the improvement of these companies, we can reduce unemployment problem in our country and economy rate also increase. MNC'S not only providing jobs they developing the needs of the people in rural areas. That means providing medical care, development of education facilities and also developing transportation facilities. Lot of disadvantages also there but benefits are more when we compare than.
In my opinion it is better to develop MNC's in our country. |
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Rate this: +19 -3
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Amit said:
(Thu, Oct 18, 2012 10:04:03 AM)
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Hellow friends.
MNCs have a bilateral role for India. The benefits and the harms to India are well clear if we analyse the situations of India before and after the opening of the Indian market to the world thus creating a open Economy system at the 1990's.
Before opening of the market and coming of the large no of MNCs in Indian market we see most of the large organizations of India are owned by either the State Government or the Central Govt and a few company are there which can produce products and services to the International level so they are not competent in the global market. Due to less competition in Indian market in most of the sector from consumer products to the service sectors like cars, trucks, fmcgs, electricity, aviation the quality and condition is poor. The company's have a monopoly in those sectors so the effective control of the prices are done to their benefits.
Due to this factors throughout the Govt company there is a sluggishness, increase of corruption level, less hours of works for the job security is looked upon and for this the overall quality of Indian market decreases.
But still at that time in India to name a few big MNCs like TATA, Reliance are there who are owned by privates but they share a large role for the development that India got till date and most of the citizens prefer to work for them rather to work in Govt company's.
So it is not such that a employee wants only to sit and earn his living but he always want a healthy environment less level of corruption and oppurtuniy to learn and grow.
So it is a great movement of GOvt of India to open up the economy. The large Corporate giants like GE, ABB, HUL, SIEMENS, CITY Group and lots more are coming for product manufacturing to service Sector. A lots of foreign money have invested to India which in turn pumped in Indian market and boost up the Indian economy. The quality of the Indian market have Increased a lot and it is becoming as per with the international level. The prices are also reducing due to the increased level of competition in the market. So for the same money lots of more people are served.
Lots of new job opportunity are created which may not possible to be created by the Gov in this short span of time. Right now there are near 4. 5 crore people are employed directly in India out of it 1/2 are in turn employed for the MNC activity's may be directly or indirectly. It have helped India to create job opportunity.
Due to the globalization lots of new capability in India have been explored. The biggest example is the booming IT sector big giants like TCS, Infosys, Wipro, Satyam which are as per with the global giants like HCL, IBM etc have evolved through the process of Globalization. At present the IT sector is one of the biggest contributor of Indian GDP and export, it is also the largest employer of the Intellectuals most of the large no of technical graduates are employed there. If it is utilized fully then it has a large potential to reduce the Export import deficit. At present electronic equipment's are the second largest contributor for the total import by India and intending to be the largest contributor by 2015. So it can be substantially decreased by increasing to activity of the Electronic company.
But with the many positive points of MNCs there are many negatives also as such over utilization of the manpower, the drainage of Indian money to the foreign country which in-turn harm Indian economy in the long term due to the account deficit.
In this issues Govt should enforce strict rules like the enforcement of the Labour law, s of working time, working conditions, properly implement the pollution norms and other laws to protect the public and the Environment. In this issues the Govt is overlooking many things, the laws are there but they are not properly implemented which harm the India as a whole. In this point the Govt should be more strict.
The Govt should take proper steps to reduce the drainage of Indian money by implementing larger amount of taxes to invest from India to other country, that can let the money earned as profits from Indian operation in Indian Market. But it may has some shortcomings of the attraction of Indian market to be invested by the global MNCs.
So looking every points the MNC's have played a lot in Indian development but if they are to be still handled with proper norms by the Govt to be more beneficial for India. |
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Rate this: +66 -19
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Seetharam said:
(Wed, Oct 17, 2012 11:58:14 AM)
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MNC's Providing us Good Salary, It has standardized our economy, it parroted western culture to our Indian culture, reduced unemployment, all the benefit which MNC's creating is looking good if we see from the front But from the back.
An Engineer who is earning 7,000 just 10 years back is earning 50,000 now, it motivate the employee to spend more, Opening of Star Hotel's will increases, Many Automobile Industries like manufacturer of different bike's, Car's of foreign company will placed their business in India, The Percentage of Bike Holder's & Car Holder's when compared to last 10 years has increased 4 time's.
The more the number of bike's & car's running on the road, the more the demand for petrol & diesel, As usual the demand for Petrol & Diesel Prices rises.
For breathing in this world, we need basic necessaries like food, Water, Air. If diesel price's rises Transportation cost for distribution of agricultural product's increases, it is increases all the retail & whole sale trader's will increase the price's, the hotel owner's will increase the price, this will affect our economy structure and result's in Inflation.
An employee of MNC will earn more and can able to pay more rent & can purchase an apartment & site with high value, here again the demand from the engineer's for purchase of site's & apartment increase's, this will result's in increase in price of land and apartment. Hardly, there are 5% of the employee's depended on MNC's, the inflation of price's these 5% employee's creating on economy will be suffered by all 100% of the population.
Air is contaminating due to more utilization of vehicle's, ozone layer's are getting affected by utilization of air conditioner & fridge in MNC's to large extent. Small hole's in ozone layer's unfit to filter the heat from the sun which may result's in direct sun light to the earth which create's global warming.
Many Necessary product's such has Soap's, Shampoo's, detergent's, different kind of clothe's which fit's for the standard's of MNC Company employee's which may result more manufacture of product's with new design's will destroy the purity of drinking water, as the factories will disburse the wastage's to river water or to the drainage may be but that will sorely mixed up with the water releasing for agriculture and drinking water.
More utilization of computer's in MNC's result's in many health problem's to employee's after crossing the age of 30 years. Whatever the employee's saved has to spend to recoup their health.
If it continuous, our next generation will survive only for 40 years due to contaminated air, water, food etc.
We are indirectly destroying our-self by inventing lot's of thing's which make's our work easier & faster, but the same technology which is affecting our basic necessaries like food, water, air etc. |
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Rate this: +24 -9
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Sakshi said:
(Tue, Oct 16, 2012 11:37:03 AM)
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If we look at the current Situation, MNC is GOD for us,
-Its providing job to people, in a country where we are struggling to get a job after finishing our Graduation.
-Its helping in improving Economic condition of country.
-Its helping in making people to go abroad, earn money, get exposure, improve your standard of life. That's actually good.
But if you look other way around, Now Euro crisis is going on, Suppose we stopped getting Business from abroad what will be the situation. Lots of people in MNCs are on Bench, They will have to leave their job and again they will become unemployed.
Actually what happens, once we get our graduation degree from any stream and we get placed in MNCs we will stop learning further and be dependent on that MNC. Thats not at all good, Most of Us will go for higher studies and will not come back again, Again who is getting benefited, Foreign country.
So where we are working for our own country, once again we are going to become slave. That's not good. I don't know what can be the solution but can see the problem. |
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Rate this: +15 -7
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Ramya said:
(Mon, Oct 15, 2012 09:55:19 PM)
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Hey,
I agree with all of them. As some of them said that MNCs are using our minds and paying less salary. But its wrong they giving a place you prove our selves and to make the world to know our ideas.
If we are searching jobs our country its take lot of time to be settle in our life. So I think MNCs are doing a great help to us. As the population is increasing day-by-day we have no enough platform to express our ideas. So we are taking the help of MNCs. |
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Rate this: +11 -2
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Kumar said:
(Tue, Oct 9, 2012 01:17:24 PM)
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MNCs are not devil for India because it providing employment to our people at good salary and status. Today, people need is nothing more than a good job and India is a country having the largest population, it is out of scope for the government of India to provide the job for all of them.
The future of our country will be secured when all the people will get job and the MNCs has the ability to provide the maximum jobs. I feel it reduce the crime and other criminal activity done in India by the youth. |
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Rate this: +40 -6
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Preeti Leos said:
(Mon, Oct 8, 2012 09:12:54 PM)
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Hi,
Well I think that MNC's are not devils in any case. MNCs are the way to expose our talent to world. MNCs are the opportunities to work with people of different cultures, nationalities and perspectives. Do not think that they are a kind of threat to our businessmen and to our people. We cannot enhance our technology, thinking, consensus with limited kind of people. That is the reason why Manmohan Singh had opened way to GLOBALIZATION in 1991. If you now say that they exploit our human resources, then I will say that think from an employer perspective. If you are getting your desired resources with same capacity and capability at comparatively less rates, then what will you prefer? In India human resources are little bit cheaper as compared to foreign employees. Besides these they are giving us employment. What all we need? They are ours need and we are their need. That's all.
Thank you. |
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Rate this: +24 -3
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Ashutosh Bajpai said:
(Mon, Oct 8, 2012 12:22:23 AM)
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Hey guys,
I totally agree with all of you who had shown great faith in MNC's, but do we realize why are they so much interested in India, well let me point out the reason, these companies are doing exactly the same what Britishers did to us. They are using are brilliant mind for low salary and taking hell lot of work from them, more over they at times disobey our government rules which is not good for us.
So I think that MNC's are devils in disguise. |
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Rate this: +21 -4
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Yash said:
(Mon, Oct 1, 2012 10:59:42 PM)
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| In my opinion MNC'S are no devil to India as it has more positive face than negative, as more and more MNC's are started in our country which increases the growth rate, the reservation system has been reduced, more and more people get employed, unemployment rate has been reduced, we are having an option between public and private sector if we are willing to join a private sector than MNC's are better option for us because they provides us money, status etc. |
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Rate this: +11 -13
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Swarnendu Samanta said:
(Sun, Sep 30, 2012 04:54:10 PM)
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Hello friends,
Regarding this topic I have nothing to say about the help of MNCs in India to evolve.
MNCs has changed the life style of Indians, they create a big space for employment, they enrich our economy & so on. LGP has come & FDI is about to initiate India. But I think they don't think about the mental & physical ability of the employee. They pay a huge mount of Salary but they force to work hard i.e. 12 to 14 hrs in a day also. This causes various mental & physical disorder of the employee which effects not only the present generation but also our future generation which is not very good indication for future India.
Sometimes It has been seen that Multinational company does not obey government rules. It is not very good practice.
So I conclude that there must have some basic rules creating with the co-operation of government & MNCs & companies don't break them for the sake of proper & healthy utilization of Human Resources helping India to develop.
Thank you all a lot. |
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Rate this: +41 -6
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Mohit said:
(Fri, Sep 28, 2012 01:41:32 PM)
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Hello Friends.
I think MNCs are not devils in disguise because we all know that before 1990 our country was suffering from the problem of low economy but after that when MNCs came to our country the economy of our country increased and we all know that in today's life our country has very good economy.
Multinational companies provide employment to our country for those who are unemployed. The main thing I like in them is that they see persons according to their talent and they don't have any caste systems or quotas for recruitment of employees.
Through MNCs we can buy product at low cost which we get at higher prices because of import duty.
I think in today's world of globalization if you want to stand with others you should know all strategies and all technologies. It is the MNCs through which we have a better standard of living and our lifestyle also changed.
So I think they are not devils but as we know everything has both good and bad aspects.
But they have more good aspects than bad. So overall we can say that they are boon to our country. |
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Rate this: +61 -5
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Mahe said:
(Fri, Sep 28, 2012 12:18:09 PM)
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Hai friends.
In my point of view mnc is boon to us how means?Due to mnc our country developed globally, they reduce unemployment in our country, product quality is good, the mnc makes competition to our Indian companies due that our Indian product quality also improved, due to mnc's the infrastructure is developed, if suppose one mnc's company established in one city then surroundings sectors also developed. For example if multinational school is established in one undeveloped town then some people who are lived in that town got opportunities for earn income in the sense started hotel, book stalls, transport facilities. So the town is developed. |
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Rate this: +9 -3
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Ayush Singhal said:
(Thu, Sep 27, 2012 07:35:49 PM)
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We can't say that MNC are devils because if we watch toward economy of India then they are most crucial supporter. Earlier there was many things which were not availed in India. For example Malls and good builders how have structured better infrastructure of India.
Many goods which were not available in India and need to bought from abroad. So there arises problem related to service as there was no service centre but with growth of MNC now almost 90% goods are available in India.
But talking negative aspect it leads to under-development of Indian companies because according to Indian's view Indian product are not up to mark so day by day Indian product are diminishing from the market. I would say within next 10 years Indian market will again be captured by MNC. So there is need to imply heavy taxes on MNC as a result there will be increase in price on MNC goods and in turn Indians will prefer to buy cheaper Indian goods leading to development of Indian industries. |
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Rate this: +14 -2
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Shailesh Kachhara` said:
(Thu, Sep 27, 2012 06:34:20 PM)
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| In my point of view MNC company should not allow in our country, reason behind that is they hire our talent and they grow by our talent and they built much more good product than our company. If our talent remain in our country only our country progress and India become ahead than other foreign country. |
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Rate this: +10 -21
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Sitam said:
(Thu, Sep 27, 2012 08:53:03 AM)
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MNCs are beneficial to Indian people as it creates more employment opportunities for the the unemployed, strengthen our economic system, brings with advance technology, brings more competition.
Among Indian companies, deliver quality product and therefore increase the standard of living.
It also will be advantageous for us when we see how MNCs are competing with each other to.
Provide good and better service so that they can exist in the market which ultimately benefits Indian citizen who will get better quality product in less prices. |
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Rate this: +5 -0
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Ajay Kumar said:
(Tue, Sep 25, 2012 05:25:25 PM)
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| Many people want get good job. The best option is join MNC companies they provide good job. They help a lot. MNC companies reduce job problems. Most of the MNC companies provide meals, servant and house facility, they provide also cab facility. |
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Rate this: +1 -9
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Ads said:
(Fri, Sep 21, 2012 01:02:55 AM)
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MNCs are not villains in the Indian economic scenario. They create thousands of jobs with lucrative job offers for the young generation of our country. India produces lakhs of graduates each year. The government jobs and the PSUs cannot give this amount of job each year. So, MNCs help to reduce unemployment in the country.
They are the dream jobs for India's young generation which constantly drive them to study hard and therefore increase the educational standard. Besides, MNCs provide good quality product or service. Is Indian companies able to deliver this quality service for the same price? In this Global market, it is foolish to restrict some companies only because they are from other country. The Indian MNCs like TATA, INFOSYS, MITTAL, RELIANCE etc. Are also making good business in foreign countries.
So, they economic system goes both ways. It is absolutely foolish to restrict Indian money in India only because that would only hamper the development of the country. The only way to solve this is to make the Indian companies capable of producing same quality of products or service and let them go global. This will automatically make the young generation shift their focus and long for jobs in this companies. |
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Rate this: +93 -1
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Abhinav Sahu said:
(Thu, Sep 13, 2012 06:14:39 PM)
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| Friends as now a days our economy is not limited up to India but its global. In the same way I don't see the difference between large Indian private sector companies and MNCs because at the end of the day both obeys the same tax rule and motto of both are same i.e. to expand their empire. So instead of supporting some Indian private companies and protecting them from competition we should look at exploiting the opportunities created by them and with the help of MNCs we can not only exploit the resources of our country but also the resources of other countries so I think its a give and take business. We are exploiting their capital their technology for our benefit and they are making money by selling their products in our markets. |
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Rate this: +8 -5
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Sandy said:
(Sat, Sep 1, 2012 03:27:38 PM)
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As told LPG (Liberalisation Globalisation and privatisation) , today we are not just a single economy, we are a global economy. We are affected by every major and minor change occuring in world. Now if you need to compete with the world you have to work with them, you have to know their ways their strategies and their technologies. Though they have a massive backup of capital and technology who is more skillful the world knows. So instead of taking in view the unemployment generated we can look forward to opurtunities these MNC create for us to earn and learn from them. But one thing that won't occur is our dependency on these, we should make consistent efforts to bring our indigenous companies at par and above.
And you can see Infosys is working the same. Learn from them earn from them and then outstand them, that should be our motto. |
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Rate this: +69 -6
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Partha said:
(Tue, Aug 28, 2012 12:00:17 AM)
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| I am not understanding why people are saying that there is more competition in MNCs and no quota. In govt. sector thee are quotas, that is why the competition among the general candidates is HUGE.... |
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Rate this: +26 -10
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Amit Kumar Rai said:
(Mon, Aug 27, 2012 09:01:36 PM)
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| This is absolutely not true. In today's world of globalization we can't expect our economy to be driven entirely by indigenous companies. MNCs have played a very significant role in India's growth after 1991 economic crisis. There are certain sectors like energy and electronics where we have gained a lot from MNCs. Regarding their way of working I can only say you can't expect a company not to bother for their profitability. It actually builds pressure on local companies to improve their operational efficiencies to sustain the increased competition. |
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Rate this: +17 -2
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Sachin said:
(Mon, Aug 27, 2012 07:31:49 PM)
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Multinational companies cannot be a devil in disguise. They bring in revenue; provide job opportunities to thousands of people. It helps the country to get a global recognition. They undoubtedly work majorly to get profits.
However it should not be forgotten that they bring quality to the services and raise the economy.
Most of the multinationals provides seamless services to employees like transport, accommodations, food, insurance, crèche etc.
The companies give high salaries to employees that keep them motivated. Few multinationals also provide future studies opportunities thereby assisting employees in their career.
They give onsite opportunities to people which helps them interacting with more people.
For some people, all that glitters is not gold! Few people think that they are devils in disguise because of the pressure and the work they expect from their employees.
This pressure leads to domestic issues, violence etc. No doubt they give high salary packages, but even take double the work from the employees.
Most of the multinational companies have clients from US and UK. Because of this the employees needs to manage two time zones. This indeed leads to health disorders. |
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Rate this: +31 -4
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Sachin Rathore said:
(Fri, Aug 24, 2012 08:05:55 PM)
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No MNC are not the devils they have various advantages out of which the employement and the developement is the main.
As we know that before 1990's our country was in the list of the very weak economic country because at that time a large amount of the taxes are imposed on the foreign imported goods as well as there was no opportunity of FDI (Foreign Direct Investment).
So Indian industrie was immatured at that time resulting a very less employement and foreign exhange. But after 1990's a LPG (Liberation Privatisation and Globalisation) takes place in India resulting in establishment of large companies in India. Due to large FDI new opportunities were given to the youth of India by creating the employement. |
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Rate this: +23 -1
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Printo said:
(Fri, Aug 24, 2012 12:31:25 PM)
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| My opinion on MNC is that it is the only hope of our country to withstand our ecnomical crisis. And which helps many freshers to show thier potential which brings fame to our country. It also has a major drawback by making folks stressed. |
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Rate this: +3 -9
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Sourajit said:
(Mon, Aug 20, 2012 08:19:21 PM)
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| The good n bad are the two horns of an deer, in the same way the multinational companies which though have their bases in their home country works across the whole world n flourises. They increase the living standard of the workers though exploits them for long hours which do affect the health of employees. The good thing is that they don't have any reservation quota thus makes all the individuals stand at the same platform and compete for their living. They do contribute a lot to the countries GDP and pay a huge amount of tax to our govt for the development of it's citizens. |
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Rate this: +34 -4
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Dhiman said:
(Fri, Aug 17, 2012 10:55:10 PM)
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I also Seccond all of member's opinion, Everything has advantage and disadvantage because everything is relative in the world. If there is no disadvantage than there is no advantage such as we someone is good because someone is bad in the world.
We should say good those things which has advantage more than its disadvantage.
In case of MNC there is many advantage such as they recruits huge amount of people in India, they developed our life style and status and they creates a very competitive field in India so young generation is inspired by this,
MNC is the leading taxpayer in our country, So its make our economy healthy and increase government income means hardly related to our all roound development in India.
We earn huge amount of foreign money with the help of MNC.
So ithink that it has more advantage than disadvantage. So its not a devil. |
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Ankesh said:
(Fri, Aug 17, 2012 10:26:28 PM)
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| Friends, I do not agree with this statement because rather than working in normal company and keeping our knowledge in lower stage where we don't have competition, at this working stage we have to improve our knowledge by joining mnc's where we will find the competitors so we always try to increase our knowledge, so encourage mnc's it even help India to increase in GDP, employment to new peoples, . Etc. |
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Rate this: +10 -2
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Riya said:
(Tue, Aug 14, 2012 10:42:51 PM)
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Coin has two sides, similarly entry of MNC's in INDIA has positive as well as negative aspects. But according to me it has more negative impact than positive one.
MNC's create more unemployment, reduce competition and free enterprises, limit worker wages, effected the business of national companies, erode traditional cultures, and challenge national sovereignty. |
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Rate this: +6 -23
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Surojit Pal said:
(Tue, Aug 14, 2012 01:04:46 PM)
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| Multinational companies are not at all disguised as devils because they bring in the sense of insecurity among our indigenous companies, which will result in higher level competitions and improvement on both sides. Though they may drain our talents, but they also decrease unemployment and the best gets their deserving positions irrespective of the caste factor. |
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Harsh Kulkarni said:
(Sun, Aug 12, 2012 11:32:00 PM)
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MNCs are both a boon and a curse. MNCs enhance the competitive spirit. From the very name itself we can clearly regard MNC as a platform for mutual coordination between the countries. When this happens, more and more people feel the taste of competition which not only increases their talent but also stand atop among others. From the nation point of view. Standard of living improves. With MNCs there is nothing like reservation and all.
But the fact remains true when taken the other way. They exploit our resources, our talents. But whatsoever MNCs give an opportunity for the betterment of an individual and intern the nation. |
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Bhargavi Reddy said:
(Wed, Aug 8, 2012 12:18:05 AM)
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MNCs are boon to our country as well as bane to the country because it has both positives and negatives. Because of mncs only standard of living in India is increased.
The main thing here is it reduces unemployment. It is recruiting people based on their talent not on basis of caste reservations. So reservations are the main problem we are facing. It avoid that. Through campus placements they are taking the students so with that zeal students are trying hard and the competitive spirit in them is increasing.
In the other way it has negatives also. Employees must work hard to get the promotions and they need to work late nights if necessary to complete the deadline. Because of which they get frustation and ultimately leads to depression and health problems etc.
These employees are earning more than what the normal govt employee is earning. So in one way mncs are good and in one way it is bad it all depends on the way we are lookin at it.
Thank you friends. |
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Rate this: +58 -7
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Rahul Sharma said:
(Fri, Aug 3, 2012 05:52:38 PM)
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Hello friends,
Its true that MNC's are definitely raising the standards of people but on the other hand they snatching the talents from small industries. Also in order to complete the work in time, the employees have to work late night, which ultimately decorating the health of its employees. |
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Rate this: +10 -6
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Poonam said:
(Thu, Aug 2, 2012 02:23:41 PM)
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Hi Friends, I am agree with my friends and I also want to add my views. Everything has pros and and cons similar with this topic. MNC'S Definitely play a vital role in our economy development. They are providing more job opportunities to freshers and the graduate people. Students work hard in their studies to get job in a MNC'S because this is time of competition and everyone is the part of this. In today's time everyone want to improve their life style and the MNC'S help to do that. They are providing chance to their employee to go abroad. On the other hand their has cons also.
Their odd time of work employees sit late night to complete deadline of project sometimes they stay in office whole night that is definitely not good for their health. That's why lots of diseases are increasing like depression, blood pressure, brain ham-rage etc. I want to say that excess of anything is always dangerous to health. In last I want to say you Multiple corporation is really help to increase our economy development but it can be devils if we ignore its cons. |
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Kamal said:
(Wed, Aug 1, 2012 02:55:44 PM)
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I don't think so MNC are devil in disguise instead they are bane to any country in recession time, in 1990 when our country was fighting with their economical conditions then it was the decision of finance minister manmohan singh to bring privatization more then it was these private MNC that brought our country out of that. Also, they provides a lots of jobs to the fresher, unemployed, tell me one thing how many govt agencies provides a huge amount of job as they provide, secondly many people says they buy the skill labour at a very low cost while in the European countries employees do less work, salary more as compared to the Indian but my friends compare also the population how many people in India has a good job MNC provide a huge amt. of job they raise the standard of living of their employees, explore their skills, tell me if you are going to market to buy thing then you compare it with others and finally you buy them from the shop which is cheaper than other, so by investing huge amount of money they get a employees with reasonable pay so whats wrong with that, other thing they are also the highest tax payer.
Also some people say by opened these MNC small companies shut their door but this is not right simultaneously small companies open as with MNC to challenge, so my friends I don't think so MNC's are devil in disguise as every coin has two faces one is positive and other is negative, it depends on us how we see it and how we implement it or take in our life. So avoid taking negative side see positive.
Thank you. |
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Rate this: +22 -3
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Prasad said:
(Wed, Aug 1, 2012 12:10:21 PM)
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Hello friends,
As per my view, MNC'S are the good source of solving various national problems like economy, un-employment etc. , MNC's are main focusing on the India's growing in various sectors viz. , primary, secondary and tertiary sectors etc. , So it is an opportunity for MNC's to grow their profit with low investment. Some of you guys please change your views on cheap labours in India. When you compare the standard of living in foreign countries is high than the India's standard of living. Yes I also agree that MNC's have positive and negative things. Every human beings also have positive and negative sides its how you take things. Limited encourages is needful to MNC's. |
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Amit Rathore said:
(Sun, Jul 29, 2012 01:10:36 PM)
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Hello Friends,
As per the my opinion, MNC's are playing a vital role in our economic development, although they are the competitor of our Indian traders but they are also the source of our income & employment.
When we compare of their pro's & con's, we find that the positive points are higher than the negative ones.
So it will b better to say that MNC's are also an important aspect of the economy. |
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Isay said:
(Sun, Jul 29, 2012 12:24:28 PM)
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Like most of the things in this world, MNC's also have both pros and cons.
If on one hand, they are providing employment to a large section of the society then on the other hand they have snatched away employment and customer-base from many indigenous industries who find it hard to thrive in this ever growing competitive environment because of the lack of resources they face.
Though these companies have also helped raise the standards of other indigenous companies as otherwise if they continue with their inferior quality then they'll find it hard to exist. But in this race, companies backed by not-so-rich entrepreneurs fail to survive.
Also, where one may say that they have improved the living standards of the people, both their employees and their clients but then we cannot ignore the odd working hours and extra-time they demand from their employees, which in turn have degraded the quality of life and have caved in way for a hectic and tensed life.
It is also very important to ensure that these companies pay remuneration similar to what they pay to their employees in European countries who do similar amount of work.
Therefore, the presence of MNC's in India can turn out to be a boon or a bane depending on how wisely their expansion in the country is controlled. |
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Rahul Bhargava said:
(Fri, Jul 27, 2012 12:53:53 PM)
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| good morniging to all .. I also appreciate the words of shriram. In my views MNCs are dissgused because the rate ratio of work with payment is so much less as compare to eurpean comoanies, in west there is only 5 working day in a week with only 6 hrs work per day and for that mncs pays a huge amount to them.. secondly, indians are skilled labours for them. there is no assurance and pramotions without any special effect of people.. they are more trying to adopt girls to make a atmosphere healty. |
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Pratiksha Patil said:
(Thu, Jul 26, 2012 08:55:59 PM)
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Hello friends,
I appreciate all of you. That MNC's have all advantages n disadvantages also. These will helps us in recession time of our country. These are giving opportunities to freshers and also unemployees to develop themselves n to find their place in such big societies. These are helping us to utilize our ideas n talent. They invest new products n things so that improves our financial status of our country also the MNC's gives less salary to Indian employees than their country and gives more work to them. In this way they use all our resources n talent so creates gap between our youth talent and the growth of our country.
Hereby I conclude that we have to took all advantages of MNC's by ignoring the disadvantages.
Thanks friends. |
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Ankush said:
(Tue, Jul 24, 2012 09:56:44 PM)
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Hi everyone, my name is Ankush from ambala.
I have seen all your views about MNC. As you are feeling, I am also feeling same. One side MNC increase employment for our nation. And also help at recession time when maximum fresher even some experienced employer were be fired from private sector. That time MNC saved our job and again brought good opportunity.
But the problem is that we are being donkey for MNC. Because of job we do night and day both shift. After doing hard work, if you do buttering with your seniors then only you have chance to get promotion. If I talk about the salary they pay very less than their country. If they get same work done in their country. They'll have to pay high amount than us.
But we are Indian, we can adjust with money and work. As we all that adjustment is in our blood. We do adjustment in country with politician. And same with our profession.
No matter, whatever will be. But I would like to say one thing that we getting money. It's good sources for private jobs. |
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Rate this: +20 -7
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Girjesh Pal said:
(Thu, Jul 19, 2012 08:52:46 PM)
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HI EVERY ONE.
ACCORDING TO ME MNC ARE DISGUISE TO ME IN FOLLOWING WAYS.
--> They have made our life more vulnerable by working late nights.
--> They have made people workaholic for power & position.
--> They have made degree less valuable by asking for masters and higher studies to have employment in their company.
--> Because of them people are stressed all the time during their education & in their respective jobs. |
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Rate this: +40 -23
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Nistal said:
(Thu, Jul 19, 2012 02:31:04 PM)
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Hi Everyone.
In my view the MNC's cannot be called as devils because of the following facts.
1) They have reduced the prices of commodities as the competition for market is increased thereby bringing the prices of products to quite low.
2) They have generated a lot of employment for our country's youth which otherwise would had been starving in a nation of a population that ranks on No.2 in the whole world.
3) I don't agree with people who say that they have hit the small scale industries instead lots of local companies are rising too and competing with these firms and thereby increasing their own growth.
4) They have made people in our country more punctual and responsible as compared to people who are in the Govt. Jobs who on the broader terms don't do much and most of the Government policies most of the time run behind the schedule and most of the money applied in the projects that come from the taxes consumers pay is eaten in the process by these Govt. Leaders.
5) Most of the current Govt. Projects are in hands of private firms who have been given the contract by the Govt. Therefore the Govt. Is just paying them to do their own work.
6) The above point makes it clear that most of our economy is dependent on these firms. In the 1990's when our country went in an economical crunch. It was the decision of then finance minister Manmohan Singh to bring privatization more and then it was these private MNC's that brought our country out of that.
Therefore, we can say that MNC's are definitely not the devils but the angels that have uplifted the status of our country and the people living in it. |
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Rate this: +90 -7
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Babli said:
(Wed, Jul 4, 2012 02:39:48 PM)
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| For developing country like India MNCs play a vital role in economic development. There are many positive aspects but negative aspects cannot be neglected. There should be some govt. policy which restrict these MNCs to certain fields only so that small scale industries and traders doesn't become unemployed. |
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Divya said:
(Tue, Jul 3, 2012 08:03:26 PM)
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I think MNC's are boon to our country. I agree with the fact that there are many negative impacts of MNC's but at the same time there are considerably more benefits. As there is a saying that we need to lose something to get something it goes in the same way we must try to reduce the negative impacts or ignore them to get benefit of the MNC.
Finally I would like to say that because of MNCs the standard of our country has been increased in terms of everything like economically, standard of living, thinking, education, etc so we can't say it as a devil. Because it has started the growth of our country and I'm sure that in future our country will progress a lot just because of these MNCs. |
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Rate this: +41 -10
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Manik Jindal said:
(Mon, Jul 2, 2012 01:37:57 PM)
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Hello friends, My name is Manik Jindal from Budhlada. I am pursuing a MCA.
I appreciate with my all friends. According to me "MNC's are bane to our country. Because During the last "RECESSION" time, our country was protected by MNCs. So, how MNC's are devils for our country".
But Every Coin has two sides one is positive and other is negative. It depend on us how we see it. Or how we implement or take it in our life.
Positive side is:
"Because they provides lots of jobs to the freshers as well as unemployed. Also they provides proper platform for prove your self and explore your self. Best thing in MNC is they do't considering the reservations and recommendations. And they are very help to increase GDP tremendously of any country because the are Major tax payers to the country and MNC's are helps to any country for growing at recession time".
Negative side is:
"They treat a employee like a machine not as a human being. MNC's enjoying here cheap labour. According to there nation they are paying less money. They doesn't care about job security, career growth etc. ".
At last so, Many people are saying that, they are employing at cheaper rates. Whats wrong in that? I give an exmple:- if we are purchasing a single thing we will compare the prices from nearby shops. For investing such a huge amount can't they (MNCs) get those benefits.
Finally I would like to conclude that MNC's are not devils, these are developing the countries economy as well as supporting the people to have a bright future.
Thank you friends. |
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Rate this: +130 -16
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Isha said:
(Sun, Jul 1, 2012 12:09:32 PM)
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MNCs provides a lot of opportunities to our Indians as they will give equal importance to every one one thing I must say is.
1) They will give the opportunities to the genuine and worth-able persons because they will not follow the rule of RESERVATIONS.
2) And one more thing we have to consider is the present situation of youth after completion of their graduation or post graduation they should join in either a small or big company.
3) It favors the multinational companies to grab the employees at the low salaries.
4) AS they are the major part of our economy they are very essential to our country.
So my friends in my view MNCs are not devils. |
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Rate this: +11 -15
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Gopi said:
(Sun, Jul 1, 2012 12:48:05 AM)
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Hi friends.
1. I think the multinational companies are the great opportunities of the people who talented and also came from the poverty background. Because once they get sophisticated salary, their parents will get their sanctification of our dreams about their sons/daughters.
2. The MNC's are the companies used to reduce our national poverty.
3. They recruit the talented person not any recommendations like other companies.
4. And also they develop their economic status of our nation.
5. While comparing to the other fields they have more opportunities to employ, so the employment problems of youths will also reduce. |
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Talal Manzoor said:
(Fri, Jun 22, 2012 11:53:08 PM)
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Hello Friends,
Our topic is multinational companies:are the devils in disguise? First of all I agree with many of your arguments. It has its positives as well as negatives.
Positives:
1. It provides employment to many youths.
2. They doesn't consider recommendations and reservation for job applications.
3. They increases the rate of economic growth of our country.
4. They are the major tax payers.
5. They taught the youths of our country the value of money and time.
6. They brought new technologies to our country.
7. They showed us how to utilize the resources of country into money and development.
8. Due to MNC New products are introduced in India at a Faster rate.
Negatives.
1. They are exploiting our countries resources for their benefits.
2. They are giving very low salary.
3. They creates pressure in freshers.
4. No job guaranty.
5. Working hours is more.
6. They affect the local market very badly.
After independence the rate of economic growth was very low, since the MNC's were introduced in our country the rate increased tremendously. We should remember one thing thing, all MNC's are not foreign invasion to our country. Of course, at first the MNC's which were introduced in India were from other countries, but the introduction of these mnc's shows the path for Indian owned mnc's also. How we can forget Tata, Birla, Reliance, Wipro, Infosys etc. They are using our resources, yes, but the major benefits is to our country itself. Then for the low wages they offer, and its only for the freshers and when the probationary period is over, they are offering good salaries.
Thank You. |
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Rate this: +124 -5
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Avik Roy said:
(Thu, Jun 21, 2012 07:11:35 PM)
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Every aspects has two sides-positive and negative.
The positive aspects of MNC's are:
1. Creation of employment.
2. Increasing competition, competitive attitude.
3. Wealth creation, increasing personal disposable income.
4. Growing GDP.
Negative aspect:
1. Increasing economical gap between the haves and the have not's.
2. Lack of opportunity for the poor.
3. Cut throat competition has showed its ugly face as it has depreciated moral and social values.
4. Has affected badly the public sector units and the small scale Indian companies. |
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Rate this: +15 -4
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Balasubramanian said:
(Mon, Jun 18, 2012 07:26:26 PM)
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| MNCs are wealth of our country. We must guide them in such a way that they do not become devils. MNCs are to be managed for the majority of the people, and not for the benefit of a few people. During the last recession time, our country was protected by MNCs. |
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Rate this: +13 -3
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Saurav Alok said:
(Sun, Jun 17, 2012 05:01:20 PM)
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Hello friends, apropos all opinions, I want you to make aware of the two aspects of this topic.
Focusing on its positive part :
1. MNC's are supportive pillars of our developing economy.
2. They create employment to a vary extended society of ours.
3. They provide us the goods at a very cheaper rate.
4. MNC's are also contributing towards making an area as posh.
Friends now I would take you to its negative part:
1. They are causing disruption to the local shopkeeper and the middle mans.
2. They create a sudden unemployment.
So, summing up its two facets I would like to conclude that MNC's are not devils. |
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Rate this: +13 -9
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Ganga Parvathi said:
(Sun, Jun 17, 2012 10:50:41 AM)
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| I do agree that MNCs are devils because the reason behind choosing the freshers is beneficial for them as they accept little salary because of their lack of experiences which is the plus point for the MNCs so that they made them to work hard with low salary and these companies are getting benefited. |
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Rate this: +11 -5
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N.Sravya said:
(Wed, Jun 13, 2012 04:59:09 PM)
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Good Evening friends,
I do agree with all your opinions. Every coin has two sides, the issue is with in us whether we go to the correct side or not. In the same way, MNC's has also two sides.
Positives:
1) It is increasing the economic growth of the country.
2) Providing employments to many individuals who are talented without considering the reservations and recommendations.
3) Major tax payers to the country.
4) Giving high salaries and recognizing individual efforts.
5) Introducing new products with wide variety of choices and maintaining quality in the products.
6) Improving the standards of living.
Apart from the positives it has some negatives like imposing pressure, no job guarantee etc. , but these are common in every field.
Many are saying that, they are employing at cheaper rates. Whats wrong in that? For purchasing a single thing from pen to mobile we will compare the prices from nearby shops. For investing such a huge amount can't they (MNCs) get those benefits.
Finally I would like to conclude that MNC's are not devils, these are developing the countries economy as well as supporting the people to have a bright future.
Kindly excuse me if I had hurt any one's feelings. |
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Rate this: +93 -8
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Rihan Ali said:
(Tue, Jun 12, 2012 05:47:08 PM)
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There are two point of view. We can see that there is so much young talent in India. And there is a scarcity of resources for utilization of this young talent. Due to MNC's young fresh and energetic graduates finds opportunities to prosper in their life. Further MNC's pay salary higher than other industries.
On the other hand MNC's enjoying here cheap labour. According to there nation they are paying less money. They also treat a employee like a machine or a resources not as a human being. These companies doesn't care about job satisfaction, job security, career growth etc.
Thus we can say that MNC'S are devil, but on the other hand these are beneficial for our country also. |
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Rate this: +11 -1
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Geet said:
(Sun, Jun 10, 2012 06:03:35 PM)
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Hi friends,
According to my point of view, MNC's are the multinational companies existed for over a century. Though they provide many benefit to the employees and companies where they doing their business, they have been using our resources more than their limits. Moreover, MNC's consider the employees just as a machine to accomplish their tasks, they don't take care of safety of people and employees. Their aim is to be only gaining the profits. But there are several advantages the country get where MNC's doing their business. MNC's are indirectly support for our economic growth. |
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Rate this: +3 -13
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Mrinie11 said:
(Sun, Jun 10, 2012 11:54:08 AM)
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Hello every one! the issue we are discussing presently put a question mark to all of us whether MNCs are devil or it is a integral part for the economic devlopement of the nation.
India is vast country. Where both industrialization as well as agriculture contributes to the country. But in the current context if you monitoring on facts then we have to say MNCs are vital for economic development. Lets trace back to some facts. Decades ago Noida is a agricultural based city. But as time passes industries are coming and people turns their side towared companies rather than cultivation. Within 10 years the city has changed drastically. Even if now also if you collect the data of one concentrating on it it will be cleared industrialization is doing better. However evidences also say that sometimes these MNCs is a cause of CORRUPTION. We can take the example of 2g scam where so many MNCs are also involved. Most Importantly MNCs destructing the fertality as well as jeopardizing the nature. Which is not a good sign for the upcoming generation.
Yo sum up it takes the environment from us but I return it gives us, GDP, High Economic Growth rate, Employment, Life styles as well as corruption also. The chice is ours? |
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