Impact of Globalization in India

Everything takes it own time. Nothing comes, all of a sudden. A new system or investment needs time to accrue its benefits, in due course of time. In the meantime, we need to prune the systemic elements that are being misused , from preventing the benefit to masses.So, totally we can not say that it is not yielding the results. It takes time to reflect its image.

ravali@ innovation s the need of time.innovation s nt being sacrificed by globalization.people who have money as their priority they would choose money in whatever way they want to.but their s somethhing called JOB SATISFACTION...which s obviously being aimed by the students as well as the working ppl........innovations are taking place as and when they are required......but as every coin has two sides so globalization has brought the corruption which is a probelem to be taken care of.....! :)

Globalization of the economy has meant many things, both positive and negative. But looked upon from a wider perspective it has proven to be more positive than negative for several reasons –

a. It has put an end to “Licence Raj” – a period during which companies produced substandard products with impunity and we general public had to be contended with these. For example, one had to be contented with BSNL or MTNL earlier which did not know the meaning of customer care. One had to endure the “Head Scratching lineman” on your door step during every function. If you dint take care of him, off went your phone line. This was what it was before globalization.

b. Growth of private entrepreneurship – Several persons from little or no background in business have made it big during this time. Whether it is IT or any other Non IT sector, these first time entrepreneurs have scaled great heights and have established themselves as players in the global market.

These and many more good things have happened and so look at globalization as a positive effect. Whatever negative effects are there, it is only temporary and will soon be overcome.

there has been lot of exchange of ideas and networking which ahs come with Globalisation. we need unique identity and leader like Swami Vivekananda in Younger lot not just to Ape west. we can learn better things with unique mix of both ideologies...