Analyse one good and one bad effect of globalisation on India.

1.	Analyse one good and one bad effect of globalisation on India.
Answer» One good effect of globalisation on India: Globalisation has resulted in greater competition among producers—both local and foreign. As a result, quality of the products has been improved. At the same time prices of goods have been lowered. One bad effect of globalisation on India: For a large number of small producers and workers globalisation has posed a great problem. The small producers failed to compete and got perished. Several units have shut down rendering many workers jobless.

Answer»

One good effect of globalisation on India: Globalisation has resulted in greater competition among producers—both local and foreign. As a result, quality of the products has been improved. At the same time prices of goods have been lowered.

One bad effect of globalisation on India:

For a large number of small producers and workers globalisation has posed a great problem. The small producers failed to compete and got perished. Several units have shut down rendering many workers jobless.

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