Multinational Corporations: Are they Devils in Disguise?

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124 comments Page 6 of 13.

Hari said:   9 years ago
MNC's are not Devils in Disguise.

Advantages:

1) By having MNC's in a country, can have more international exposure and to the technology.

2) After working in MNC's many gain experience and establishes startups.

3) Due to mnc's a countries economy can be improved through fdi.

Disadvantages:

1) Skilled workers are more interested working in MNC's.

2) MNC's are threat to the local business of the same type.
(55)

Sonu Yadav said:   9 years ago
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.
(23)

Rohit kumar said:   9 years ago
Hi, friends.

I think that MNC's is not a devil. They came in a country for investments & income. They help's in the boost of the growth rate of the country. They give employment to the people. Some MNC's also do the welfare jobs for the country like social work, give education to the poor etc. In my opinion, it is a boon to our company.
(2)

Deadshot said:   9 years ago
MNCs are not devil's in disguise. They are a boon to our country rather. With more number of MNCs coming into our country, it is benefiting the economy of our country. It is also playing a major role in abolishing one of the major problems prevailing in the country which is unemployment. Working in MNCs can also prove to be helpful for gaining knowledge and experience.
(6)

Sumer said:   9 years ago
I think as far as the government policies are right and in favour of people and do not let them exploit. MNC are good.
(2)

Manvender said:   9 years ago
MNC's are not the devil. They provide the employee with overall development, help industry through technology transfer, help maintain the balance of payments due to increase in exports and helps increase local population income which in turn keeps money flowing and economy growing.

This doesn't mean that they are flawless. They sometimes leads to loss of local companies because of the huge risks MNC's can take but the local competition can't. But overall they are more good than bad for the host country.
(8)

Om prakash said:   9 years ago
Hi, friends.

I am in favour of MNC are devils for India. Firstly I want to say that MNC is the backbone of growing country and increase the rate of growth. MNC provides gob for fresher and skill develop. MNC is required for nowadays MNC provides very reliable life style and comfort. And the opportunities is more in MNC and this day developing our country MNC ie devils our honor pm insist make in India and he wants manufacturing of the product is more in India so MNC is provided this require ment. I think MNC is the devil for growing our country and decrease the rate of unemployment.
(6)

Akanksha Gupta said:   9 years ago
I don't think MNC's are devils in disguise. They are here just to make a profit, make money and to do business. That's it. They play a very important role in building nation's infrastructure. They also give job opportunities to the freshers, engineers, and many others. Also, knowledge and skills can be enhanced by working in an MNC. So they are removing the problem of unemployment (which has been prevailing in India for a long time), reducing poverty, economic growth of our country and ultimately our country is benefitted. Even if they are using Indian brains to develop and benefit their company, we people can also acquire their knowledge, skills, and strategies as to how to achieve our goals in the short period. So it depends on us how we tackle with these MNCs and take advantage from them. Obviously, if an MNC is doing business in India then surely they feel that Indian minds are much more creative and profound than any country's people. So it totally depends on us whether we will become a slave or become a master.
(101)

Biswa said:   9 years ago
1. No, they are not devils, they are just here for business purpose and it solely depends on us how we tackle them.

2. MNCs by doing business in our country brings the much required FDI which India needs the most.

3. They provide education to our young brains.

4. They help in some sort of technology transfer into the country.

5. They provide new products in the market at a competitive price for which the common man get benefitted.

6. They bring the competitiveness in the Indian market and stop the monopoly of some Indian companies.
(33)

Anchal said:   9 years ago
Hello, everyone, I'm Anchalpanwar my view on this topic is that MNCs are really very important for us. Most of the Indians get employed through these companies. At the same time, everything is not perfect. They are just ruling over the Indian countries. Making profitable business over here.
(5)


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