Multinational Corporations: Are they Devils in Disguise?

In my opinion, MNCs in India working for other countries. The MNCs for those who are highly skilled and educated. Since every MNC engaged in making a huge profit so they employ those people who are skilled from the money of Government of India. They are not providing any skill training to the youth of our country. Still, today more than 50% people are engaged in agricultural sector which requires non-skilled laborers. But not a single MNC is coming in the field of agriculture. A large number of farmers are attempting suicide due to heavy debt. They remain poor and those rich becoming richer and richer. MNCs are acquiring huge land of farmers instead of providing training to those whose land has been acquired they are hiring people from top IITs and NITs. Even there are many engineering colleges but they are not able to provide skilled engineers. Due to these MNCs the semi-skilled and street vendors, and other small traders are losing their ground. There are many cases of fake product made by these MNCs. The Government should be made rule regarding MNCs that they have to adopt at least one person from each house whose land they acquired and trained them to work in that MNC. Those whose don't follow this rule should be barred and impose fine. India is an agro-based country so government should encourage the MNCs based on agro-product to invest in the country.

Hi, friends.

I would like to add my point, MNCs are actually backbone of our country, imagine India without Amazon: the e-commerce giant, Apple, Microsoft, and many more which help in advancing our lifestyle and economy of our country although we have such giant like TCS, Flipkart, Wipro and many more but we should know how they get their start in India is only due to these MNC.

Our Indian firms have learned so many things from these MNCs and still learning in every field to speed up the profits, stability and also in technology transfer.

When Amazon entered the Indian market only then the growth of e -commerce market of Flipkart came to full flow.

Take the example of mobile markets how it grew in India in last two years, although I was only possible due to the campaign launch by Mr. Modi Goverment "MAKE IN INDIA " but some what's MNCs like Lenovo, Redime, Apple helped lots to achieve this fit of the mobile market in India.

If you go to research about our PSU company of India, you would find the lots of MNCs are working together with different PSU to overcome the different current engineering issue. Take the example of setting of the new plant of NTPC, most of the equipment is provided by MNCs firms only.

Lots of defense precise instruments are supplied to the giant's manufacturers like HAL independently my Indian micro industries and MNCs only.

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.

Given this topic to discuss, I would like to first state the age-old saying change is the ultimate constant. In this era of globalization, welcome international relationships and working in sync with the global market is the need of the hour. The establishment of MNC's has created a core zone of employment among Indians. Having headquarters in some foreign land these MNC's offer the opportunities to its employees to get transferred for short or long duration to other countries, resulting in greater career prospects, global utilization of an Indian resource. Sundar Pichai is in the list of world's most successful businessman, he too belongs from India and is today making India proud with his success on the global platform. Moreover these MNC's pay taxes to the Indian government, which is a great cash flow to the Indian economy. Infact, in US or other countries where their headquarters are situated, a large portion of their workforce are Indians who are making prospective careers abroad. One negative impact that I can list down here is the increasing pressure that these MNC's impose on indigenous industries. However, I feel any competition should be treated in a healthy way and success can be more cherishable when achieved in a challenging environment.

As everything has its own merits and de-merits, sam is the case with MNCs.

Yes MNC s are profit minded, who is not these days. But on the other hand, they are investing in the host countries and making use of its resources. They are providing employment the youth of the country and lending their helping hand to become financially stable. They are helping in the development of skill in the individuals. They are promoting a healthy relationship between the host country and investing country. They helping the host countries to develop economically.

As always a coin has two sides, one must also accept the demerits.

Due to the deep-rooted establishment of MNCs, the Indian companies lost their significance completely.

But one has to accept this and move forward.

The government should take following measures so that the demerits can be brought down to a certain extent.

I) there should be reasonable competition between Indian firms and MNCs.

Ii) The work of the employees of MNCs should not be too hectic I. E, the working hours should be reasonable and they should be paid with decent salaries.

By following the above steps there is nothing like MNCs "DEVILS IN DISGUISE".

:).

Hi Friends.

Firms which have presence in many nations can be roughly termed as MNC's.

These are usually big corporations with vast area of work. They usually provide high salary to their employs, better living standard and a better shot at constantly improving in their life.

However they are often blamed for extracting too much work at all costs, violating human rights, spreading western culture and blah blah.

But still the horde of people to enter into MNC's is not decreasing rather increasing. This trend itself speaks that people are very much dissatisfied with the domestic companies which treat their employees even worse and pay lesser salaries with narrower growth prospects. So before blaming the MNC's we must look into our own economy and industries.

A foreign company when enters a country set up its working rules according to the laws and regulation of the government and also by gauging the mood of the society. And we Indians are from the very onset of our school education are over-worked. Being over-worked has become a part and parcel of Indian society and the MNC's just try to cash on our very tradition. And yet we think that they are the culprits.

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.

For me. No it is not the devil in disguise. We see in our country many multinational companies and we have many friends or relatives or neighbours working in those companies. So it is quite clear that it gives high employment to our youth. But we need to understnd their motives and their demand. When a company is run on private ownership the sole intention is to make a profit. And they will never tolerate any kind of non-performing asset in their companies. So as we change non-working machines for our own benefit. When employees become lazy or less competitive MNCs tend to replace them with better ones. So we can clearly understand that working in an MNC is highly challenging but there is immense growth opportunity and remuneration. If one can perform to one's fullest and update one's self along the company's demand. Moreover, these MNCs contribute in building India through their corporate social responsibilities. And govt earn huge amount as corporate tax from these companies. So, it depends on individual perspective. We all know the story of grapes being sour. Thank you.

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.

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 provide 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 help 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.