Multinational Corporations: Are they Devils in Disguise?

Hello, friend.

India is a developed country but meanwhile, India is a most corrupted country. Also, India is a world 2nd largest population where youth is 60%. From 60% of youth, more than 30% are jobless. It's not because they are uneducated. It's because of In government job, opportunity and job vacancy are less. Also in government sector, there is reservation quota and therefore the deserved candidate did not get a job and reserved candidate gets a job.

So my dear friend MNC is good for India because MNC company gives the job to the unemployed people and also MNC company also do the project for government sector. If we work on MNC company we will learn and gain the experience and then after we can switch and we can create our own company and we will give the job opportunity to the Indian people.

"Soch Badlo, Desh Badlega".

Thankyou.

Hello everyone.

I think you all have forgotten our history of independence! EAST INDIA COMPANY. SLAVERY.

How foreign companies exploited our human resources that time. The same thing is happening today. The only difference is that they are exploiting in a disguised way. Yes, I agree that MNCs are offering great job opportunities to engineers and attracting them with handsome salaries, their motive is only to make use of our resources and earn a great profit. And they are doing it. We Indians have to wake up. We also have brains. These brains have to be used by its owner :D. Not by foreign companies. The treasure of any country lies in its human resources. I am also an engineer. Yes, no doubt. I also want a good job. I wanna get placed in an Indian company to flourish it. Not in an MNC. Huhhh.

As all the point have been already discussed here. I also would like to share my point of view. According to me, Multinational corporations have put a great impact on our economy but as well as it involves disadvantages also.

The pros and cons of the multinational corporations are:

1. They provide huge employment
2. Bring new technology and invention to produce good quality products at low cost.
3. Due to multinational corporations, A healthy competition environment is being developed.
4. The taxes which are being paid by multinational corporations help to improve national revenue.

Cons are:
1. The moto behind the multinational corporations is only profit. So at some points, it's not good for our country.
2. They want to occupy market and it's put bad impact on domestic Business.

Good evening everyone.

Today we are discussing MNCs are good or not in our society.

So, I think MNCs have benefited too our society. But a coin has a two sides so MNCs have some positive and negative aspects.

Positive aspects:

Create employment opportunities.
Developing work culture.
Maintaining outside relations.
Enhance skills.
Developing skills of every individual.
Provide all necessary services.
Paying tax to the government.
Boost economy.
Increase FDI.
Negative aspects.
Changing in our work culture.
Earn a profit and goes back to our country.
Putting more pressure to our employee.

So, I think MNCs are good for economy because helps to develop our country people efficiency and gaining more and more knowledge and making them productive. At last MNCs are good for economy.

The major concern behind MNCs is they aim their profit irrespective of the nation and economy of the nation. We can see this that all sectors are now toppled by MNCs (except few Indian brands) by acquisition, merger etc. So it can be said that control of nation's business is in the hands of MNCs i.e. nation is dependent on them. Initially, their products can be bought at low prices but after attaining the market share their prices go beyond sky. This is seen in many of countries. At any cost, we cannot handover the control of our economy to these MNCs.

Regarding employment, they create employment opportunities to few as compared to people getting unemployed because of them. Can't these companies be equated with new East India Companies? This is food for thought of all Indians.

Hello All,

Establishment of Multinational Companies in India is definitely a boon for us. This is helping FDI which boosts up the rupee value in international market. There is a lot of business coming to India, which creates huge employment. India, being a nation with huge percentile of educated and unemployed population, MNC's stood as a one stop solution for all these problems. The educated unemployed people are the strength of our nation, when these people get employed, this directly boosts growth contribution from Services sector which indirectly boosts our nation's growth rate. The outsourced processes of Foreign nationals create job opportunities for unemployed youth here. His/her social status improves and therefore MNCs are indisputably beneficial for our country.

As we all know, India is a developing country. There is lake of advance technology here, So if MNC, s set up their business in India, then is will be definitely beneficial to it.

Before 1991 MNC's are not allowed to invest in our country, After that period it can be seen that India's economy and GDP continuously growing up very fast as compare to the other developing countries.

MNC's are beneficial to us in many points of view:

1. It offers a lot of job opportunities.

2. Our youths are learning their advance technologies.

3. It helps to exchange of cultures, civilization, languages, technologies, etc. And such things tie up the.

Whole world, which will take India to the DEVELOPED list.

4. It plays a very vital role in our fast-growing economy, GDP, and technology.

Hello everyone,

Due to globalization, economy is growing faster. MNCs are part of globalization. They invest their money and use resources of host country and make profits out of them. Those profits are taken over by MNCs to their parent countries. In the due course the host country is benefited in several ways such as employment opportunities, availability of good and services which are otherwise not available at such fair rate and quality, government getting taxes, etc.

And we should reap the benefits benefits instead of avoiding it. In order to get benefited, there should be some repatriation restrictions of profits earned by MNCs. If we are against to MNCs and FDI, we are definitely going to lose more, rupee will depreciate further, adverse balance of trade, etc.

MNCs as known they help our country in many ways but has always been a threat to many developing countries. Before MNCs came to India every people were working and many of them were farmers who worked for self-profit. But after MNC entered India, as known they used up our resources and draining all the industrial waste in the rivers and polluting them. India has a very large population and water is a basic need for us which is being polluted by many of these companies. Secondly, small industries are affected due to heavy competition with MNCs. Many farmers dying and the small industries closing their industries. There occurs unemployment. With many losing their jobs (because of MNCs) and joining MNCs as slaves only for the other country's profits.

JUST THINK OVER IT.

It's good to have MNC in our country,

#In the era of globalization we need to collaborate to benefit each others strengths.

# It gives opportunity to get the international exposure how the business succeed.

# This international exposure can be used latter for establishing startups and become Indian MNC with global footprints.

# Its generates the employment.

# MNC's Pays the taxes which can be used for the development of our country.

# MNC's presence Motivate local companies in the same field to enhance quality standards to the global level. Once Indian upcoming companies set up the global quality they can also start the Exporting to the other countries.

# Global citizenship is the next way of getting closer to each other to make the India developed country.