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How can the Government of India play, a major role to make globalisation more fair ? Explain with examples. |
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Answer» Role government can play in making the globalisation a success : (i) Protect the interests Government should prepare such policies that must protect the interests, not only of the rich and the powerful but of all the people in the country. (ii) Labour laws Government can ensure that labour laws are properly implemented and the workers get their rights. (iii) Reserve items Government can reserve some items exclusively for small scale and local producers. (iv) Investment barriers If necessary, the government can use trade and investment barriers like quota system, imports, duties etc. (v) Negotiation It can negotiate with the WTO for fairer rules. (vi) Developing relationship It can align with other developing countries with similar interests to fight against the domination of developed countries in the WTO. |
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