Is Globalization Really Necessary?

As we know that our country INDIA is still a developing country and I think the main reason behind this the globalization because of globalization the intelligent man power belongs to INDIA were working for other countries and those countries were developed. So it is also increase the brain drain. Nd on the other hand it also enhancing the western culture in our country due to which people forgetting their culture. We should use globalization just for interacting with others not to forget our own culture.

In my opinion Globalization is important for Indian economy. I think it is really good for any aspect of developing a country. Globalization means increasing the interdependence, connectivity, and integration on a global level, with respect to the social, cultural, political, technological, economic, and ecological levels. Globalization has helped in bringing about integrity and social understanding everywhere.

The opportunities for new markets has increased dramatically by globalization. The competition among different companies finds place at an international level. It becomes important for the companies to focus on quality goods and services, in order to have a strong foothold in the market.

First and foremost, Globalisation is a inevitable and we can say its a bliss for national economy, try to think if India would not accept globalisation in 1991 then we today would not be 5th highest economy of world. Globalisation opens opportunities and gives excel to employment, after globalisation in the right way the talent being checked else we would have been followed reservation system which gives benifit to only marginalised people and rest of the Peole irrespective of having economical backwardness but due to their caste superiority are deprived from reservation system. Secondly through globalisation in high numbers employemet generates which makes strong to education system. For instance the student who are working in MNC companies are well paid and earning handsome amount of money, apart from these our youth showing talent throughout world in different nation which only happened due to MNC companies who selected that candidates and escalated for foreign countries. Finally, it gives rise to invention as well, government draw a tax from foreigns company which extends our economy.

In sum up, I want to say globlization is a platform for us to extend our self and its totally depend on particular nation and its policies in order to get benifited from this system.

Good afternoon all,

I Sakshi Jain and my opinion on this topic are.

I agree with this statement that globalization is essential in each and every field. As we exchanged our ideas, thoughts with other countries will enhance our development.

As our former president Dr. APJ Abdul Kalam SIR said India should be come in the list of developed country till 2020 for this achievement globalization should be increased.

Advantages,

- Employment improve.

- Problems like scarcity, poverty decrease.

- Rate of export and import increase.

- Development of technologies.

- Improvement in living standard.

Today we all are living in the world of hi-tech. In this universe we have number of countries. Each and every individual has at least one field. We all live like family. So globalization is very important to know each other, share their technical knowledge as well as spiritual knowledge. We can't be selfish if we want to survive in this universe. Globalization helps us to interact others about technology, knowledge and many other things.

But on the other hand we should realize the, adopting the other values and other principles, we should not be forget our own culture and customs. Ancient country like India which has his own culture and knowledge, it takes care of his knowledge, we can't forget our culture if we are Indian.

Hi Friends, I would like to share my views on this topic. Globalization is like two sides of coins. It can be helpful or dangerous. We have seen lots of foreign countries are investing in our country due to which our economy is going to increase. People are getting chance of going abroad and improve their standard of living. But on the other hand if we not using globalization properly may be monopoly of foreign investor can be occur. In this case our government should be careful and attentive. In short it is lie fire if use properly we can cook our food But if we use carelessly it can destroy our house and lives.

Globalization means sharing the resources that are useful to others as well as the sharing is beneficial for their economics. Considering India, we lack in advancement of technology, though we have vast improvement in last decade but still we export such technologies from foreign countries and not inventing such products that the world demand from us. Due to this scenario our exports are less than compared to our export, which results in decrease in value of Indian Rupees. Yes, I am agree we are not up to that extent that we can build such techs by our own research and hence we require them to enlighten us in such fields for starting, but if there will be no invention happening from our country and only Western invention are gonna imported by us nothing exported in balance, then this globalization is not truly worthy to India. But, as earlier many friends said globalization is inevitable, since demand of fuel in India and no resources for the same unlike you Just found out shell gas as alternative fuel to decrease their dependency on Arab countries, we don't have such natural resources, and by only exporting of spices and other simple goods we're not going to balance the effect on economy. So, my conclusion is that globalization is necessary for our country based on our situations but it is also must to balance its effects on our economy by inventing something that other countries depend on us and increase our export, this is what is needed to continue globalization by our country side.

Globalization means that whole world is one market. Globalization is necessary because it helps to grow trades between nation. Trade is not only trade of good but it is the trade of new technology, trade of modern values, trade of cultural and many more. Globalist helps to maintain cooperative relations among nation. It gives a nation an opportunity to express itself at world level and make it's presence feel. Globalization has resulted into development of many nations like India who have been struggle to survive in this fast growing economic world.

Hello everyone,

According to me, globalization is good for the entire world. If you will contribute something then they will also contribute in that field in which you have a lake of knowledge. Even surrounding air is not pure then how would we be so perfect. Sometimes we need to use the concept of globalization.

Globalization is the process of bringing world economies closer to one another. It encourages healthy competition for mutual benefit and promotes trade. This economic cooperation translates into social and cultural understanding and peaceful co-existence.

However, globalization has been criticized and condemned by those who are more concerned about the disadvantages.

The most visible disadvantage is the great gap between the rich and the poor. Globalization leads to greater disparity between the developed and developing countries.

Also, multinational companies enjoy many advantages. For example, they are able to get cheap labour, which is readily available in the developing countries, and make enormous profits.

Competition between foreign industries and indigenous industries is often so unequal that many indigenous industries are forced to shut down. The toy industry in India, for example, is facing such stiff competition from the Chinese toy industry that the market for Indian toys is fast disappearing.

There is also the fear that multinational companies will cause further damage to the environment in the developing countries.

The fears may be real but the fact is that globalization is here to stay. It has brought the world closer together and with understanding, cooperation and healthy competition, the vision of this one world may be realized some day.