Multinational Corporations: Are they Devils in Disguise?

The term MNC by definition means, any company registered in many countries for its business purposes. Now whether MNCs are good or bad or us, needs to be.

Analyzed in two terms:

MNCS setting up business offices in India.

I find this definitely encouraging for our economy. Ours is a country with youth dominance. Unfortunately, we can not provide employment to all of them, so inviting some reputed international company to set us their business in our country is productive. Moreover we get exposed to the new technology, better processes and international competency.

But here, a certain checks need to be put.

Firstly, such companies should have an increased CSR mandate, so that they are Bound to give back to our society.

Secondly, there should be strict pollution control protocols. For it may so happen, that these guests companies have little consideration for our national natural heritage.

Thirdly, there are lot of complaints about work pressure in these companies, if this is really affecting the health and lifestyle of our people, Govt can set up a regulatory body there too.

Now we talk about our people working at different business location. Even this is good for our country. If our people are that talented, that some business giants are ready to invest in them, why should we stop them? Even when we can't do justice to their capabilities. Our folks working abroad can learn new technology,

Get exposed to better working conditions, earn a lot more, and learn new cultural things too if they are life enriching to make this profitable for our people at home, we can have increased taxes for them. If brain drain really increases, we can put a restriction on the number of years one can spend abroad. Our Indian people are so much talented, that we want to set certain policies with the MNC to increase their payrolls and to give back to our country,

They may happily oblige. If these are taken into consideration, MNCs can not be bad.

In my opinion, multinational companies are not devils but boon to Indian economy. I think they bring lot of benefits to our nation. For example, people working in multinational companies are getting lot of opportunities. People are exposed to different cultures around the world. Moreover, when you compare multinational companies to government institutions, They are more advanced in usage of technology.

Government does the job in very lethargic way. But multi national companies do the work in efficient, systematic way. For example, government giving work of the projects to multi national companies. So, government itself recognizing multi national companies work force. But there negatives effects of multinational companies like they give pressure stress to the workers in completion of the work. Moreover, increase of rupee value is of the major ramifications multi national companies. But they are more beneficial than government institutions.

In my opinion yes it is truth that these so called multinational corpoations are devils in disguise though they never meant to be so.

I will explain It how.

There are many multinationals who expect the candidate to be ready to work for their organisation at a meagre salary. Considering the inflation rate it isn't good for the citizens of our country. They make profit but the employees who suffer like donkeys have no future.

I heard recently that the new bill passed in Loksabha is stating that the workers in private organisations are not given any right to protest against the injustice happening to them. So no more strikes will occur in private sector. It would depend on their management whether the salary hike n some other facilities and privileges are to be given to employees or not. The workers have no right to make unions and then go on a strike for putting up a protest against their issues.

Government needs to have some hold over these institutions. Their should be minimum wages fixed considering the inflation rate which is constantly going up. Such a hold is required for the purpose of employee welfare.

Hello friends,

In my point of view every coin has two sides.

Today's scenario in our country rich person get more rich, poor person still poor and middle level person is struggling for better future.

And another thing is in our country every year passed many of doctors and engineers. So, it is not possible all of get job in government organization.

Positive aspects,

- It provide better employment with handsome salaries.
- Provide better infrastructure.
- Provide better technology.
- Increase economy of the country.
- Provide better quality product at lower rate.

Negative aspects,

- MNC'S always thinking about their profit.
- It effect on employees health because of tension, completion of work before deadline.
- Prize of our rupee is decrease.

But negative aspects is reduce if government makes a rules for MNC.

Like.

- Employee do a work in MNC for particular decided hours.
- MNC also support our social work and also in charities.

Thank you.

There are always two sides of a coin and it's for us to decide which one we want, heads or tails. I personally don't believe that multinational companies are devils in disguise.

Of course they are here for business i.e. profit and who wouldn't ? Even people in our country migrate to other states to earn a better living and a higher income and people go to foreign countries to earn. These companies are here for earning cash and in the process they do more good to our country as a whole.

Firstly, they provide employment to the locals and have to invest a substantial part of their profit back here. This leads to collective growth of the country economically. Secondly, they also bring new technologies with them in the country which directly or indirectly our people get to learn these new emerging technologies without having to go outside the country to learn them. Their investment should be allowed in all the sectors, but important like defense, medical, etc.

There are ways to regulate the functioning of these companies, by creating new independent bodies to watch over their operations and remind them of their duties whenever they stray off their path. We can learn a lot from them and should not be hesitating in accepting the new world with open arms, or we will be left behind.

I don't think that the mnc are disguise or devil. In developing countries like India the government is not taking proper action to improve the needs (i.e. infrastructure, health, education etc) of a common man they are not taking fair actions to improve the living standard of a common people rather than thinking of personal upliftment and their existence to be in government.

A common thing in India is that those who are rich are getting more rich and those who are poor are still poor and the middle class is struggling for a better future. Since india's population is large many of the peoples can't get job in the government so they are moving to work in mnc. The mnc are providing the jobs and are also improving Economic condition of country.

I agree with all the opinions but we every thing has two aspects either positive or negative and in this case positive impact is much more than the negative ones. As these multinational companies are the welcome of new technologies in India. They contributed in increasing the GDP. They are the actual tax payer according to the present survey. It also emerged as a blessing to thousands of people who got employment in this sector and the best part is it never consider any recommendation or any sort of reservations. So I think MNC's are evolved as a boon to India.

Multinationals are the backbone of a developing country like India. During 1991 when the countries economic condition was worsened Globalisation was the cure and antidote to the crisis and hence several multinationals were being made to pave their way into India. And the result we can see. We are one of the fastest growing economy in the world. Still to do many things but improved a lot. They have provided employments, better lifestyle by a good pay scale, new technologies and many more benefits to an Indian citizen.

Besides providing new opportunities it also organizes foreign business trips for its employers. Yes, its these multinationals and industries should be enacted with complete preventive steps as nature and environment of the area should not get affected by it. But this is happening in our country just because of mismanagement. If there would be proper management in our country then these environmental problems occurring due to them won't be there. Hence in my opinion they are not devil but a boon in disguise.

Hello,

MNC's may have some negative aspects but they are definitely not the devils. After successful completion of graduation or post graduation freshers try to get a job in MNC because our Government don't provide us an employment. We have to give number of exams to join Government service.

These exams are so much hard that any average student could not crack it and face the problem of unemployment. In such case at least the MNC's give hope to such freshers that they can achieve whatever they want with some amount of satisfaction about their work. I also think that every coin has two side but if Indian government would provide us 100% employment no one would prefer MNC's.

Thank you.

It is true that MNCs has provided better employment, technology and infrastructure to India but they have taken more than what they have provided. They are exploiting our natural resources at throw away prices doing little for their conservation.

They are inculcating the feeling of subservience among Indians. Their contribution in employment sector can not be doubted but that too is for their advantage as they get cheap labor in India. Indian employees are not getting what they deserve. They play the Invisible hand politics as they get the policies suited to their needs by bribing bureaucrats. Therefore I affirm that Multinational Corporations Are Devils in Disguise.