manishsinghon
Manish Singh
Hi guys,
Yes to some extent globalization is very useful to a developing economy. But before going global and government must ensure its own players are competent enough. Otherwise it can backfire. For example let we have all big retail shops are owned by foreign companies in our country. That might create jobs but the Indian people working there must be the lowest paid employees. And that will not help our GDP. We must have some have Indian companies strong enough to enjoy the fruit of globalization.
Please share your views…
Yes to some extent globalization is very useful to a developing economy. But before going global and government must ensure its own players are competent enough. Otherwise it can backfire. For example let we have all big retail shops are owned by foreign companies in our country. That might create jobs but the Indian people working there must be the lowest paid employees. And that will not help our GDP. We must have some have Indian companies strong enough to enjoy the fruit of globalization.
Please share your views…