Speech on Impact of Globalisation On Indian Economy

English_Master August 7, 2013 No Comments
Impact of Globalisation On Indian Economy The invasion of multinational companies is a great challenge to the Indian entrepreneur. He is in a fix. He has praised the government policy. By liberalizing different spheres the government would lose its hold over the public sector. If this loss making nationalized sector loses its importance it will fall like the house of cards. The Indian industrialist is trying to seek an opportunity. As soon as the government is obliged to dispose of the assets of nationalized concerns Indian Companies would like to purchase them. The industrialist may be allowed to start their own concerns in competition with the nationalized ones. It has already been done in the supply of LPG in certain areas. It is our duty, as Indians to back these Indian enterprises so that the MNCs may not have a hold over our economy. It is rather unfortunate that the Indian producer in the Cottage industry sector is losing ground. Under the liberalization policy the government has allowed the Multi-national companies to start their production or business. Now they are allowed to have 100% investment. They do not require the Indian investment. It means the whole profit goes to them. The MNCs have identified the areas in which they...
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Persuasive Essay Topics on Globalisation in Indian Economy

English_Master August 7, 2013 No Comments
BE INDIAN BUY INDIAN The invasion of multinational companies is a great challenge to the Indian entrepreneur. He is in a fix. He has praised the government policy. By liberalizing different spheres the government would lose its hold over the public sector. If this loss making nationalized sector loses its importance it will fall like the house of cards. The Indian industrialist is trying to seek an opportunity. As soon as the government is obliged to dispose of the assets of nationalized concerns Indian Companies would like to purchase them. The industrialist may be allowed to start their own concerns in competition with the nationalized ones. It has already been done in the supply of LPG in certain areas. It is our duty, as Indians to back these Indian enterprises so that the MNCs may not have a hold over our economy. It is rather unfortunate that the Indian producer in the Cottage industry sector is losing ground. Under the liberalization policy the government has allowed the Multi-national companies to start their production or business. Now they are allowed to have 100% investment. They do not require the Indian investment. It means the whole profit goes to them. The MNCs have identified the areas in which they can have...
read more