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T I O N I S

A L I S A
GLOB I N G F O R
W O R K
NOT O O R !
TH E P
Globalisation …What is
it???
• It is the rapid integration of
countries through rapid trade
and investment.

• It also refers to increased


possibilities of action between
people in situations where the
location seems immaterial.

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Is globalization
inevitable???
• In today’s competitive world, no
country can afford to exist in
isolation.

• All nations are dependent on each


other for their development.

• This makes it all the more important


to check if globalization is truly
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How India became
GLOBAL
• The entire infrastructure from 1947-
1991 was government owned.

• The burden of state ownership


almost bankrupted the country.

• In 1991, with India running out of


hard currency, India opened it’s
economy to the world.
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GLOBALISATION 1.0
• The first era of globalization reaped gains
for the creamy layer.

• The rate of returns suddenly increased due


to the entry of many foreign players.

• Where earlier you had to go to US to ensure


better returns, you could now make money
in India as well.

• This made the Indian affluent more patriotic


(read selfish)
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THE FLIPSIDE…

• While the upper class was reaping


the benefits of globalization ,there
was another section of population
which found no relief.

• This was incidentally the majority of


the population who were below the
poverty-line.
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The new Buzz-Word

• Even today there exists a chunk of


population that is alienated to the
term “globalization”.
• This chunk consists of the poor living
in the villages.
• These also consist the poor living in
the slums of different metropolitans
and the so-called ‘mini
metropolitans’ of India.
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• For instance, a few years ago the
Indian government in partnership
with several foreign org. started a
campaign in villages to empower
them with education.
• About 100 crores were assigned to
set up schools in villages.
• But an analysis after an year showed
that only a meagre amount
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Limited Globalisation
• It’s not just the awareness that is
lacking in the poor.
• The effect of globalization has still
not touched the lives of the poor who
are still striving to make both ends
meet.
• These are the people who are even
today starving for the most basic
needs of life.
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A survey on Indians on the
success of globalization

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• Advocates of Globlisation have to
say that the economic growth of the
country has increased the standards
of living in India.
• Some also say that the BPO industry
has provided opportunities to the
middle class.
• Definitely, the middle class has
shifted to a better way of life but
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REALITY CHECK…
• Thanks to globalization, today we have
fancy and high-end super-specialty
hospitals in the country.
• But what has been done in the name of
healthcare facilities for the
underprivileged???
• All major metros have seen the entry of
global schools at the turn of the
century.
• There are still about 3 lac villages in the
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Partial Globalisation

• Globalisation is not just making


profits through trading with MNC’s .
• It also includes the inculcating of
global standards for the
improvement of the society.
• Child labour is still being freely
practiced in many industries that we
all are aware of (bangle, fireworks
industry).
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• The agricultural sector is no better
either at the hands of globalization.
• How can one be so oblivious of the
state of agriculture in India which is
compelling farmers to commit
suicide.
• Even the government is not ready to
help this sector which is bereft of any
help from globalization.
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• The agrarian policies that can help
agriculture to look up in region with
fertile land are craving for the
governments support.

THE BIG
QUESTION…
• Has globalization taken such a toll
that the govt. needs to be reminded
that a major part of the revenue still
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• We cannot blame other nations for
this lack of concern. They are here
just to make profits.

• The foreign organizations would


invest only in lucrative areas.

• Therefore, it becomes the


responsibility of the government to
market the other areas also in the

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IT HAPPENS ONLY IN
INDIA…
• In 2002, the Indian government, in
partnership with several foreign
organizations assigned Rs 100Cr for
empowerment of 50,000 Indian
villages.
• A survey done in 2003, showed that just
15 crores reached the grassroot level in
the villages.
• This shows that globalization is not
working for the poor but for the pockets
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The Problem
• The funds coming into India through
FDI’s is going into the already rich
areas.

• This is resulting in having a greater


divide between the rich and the poor.

• The government needs to intervene


in order to check the proper
circulation of funds in all parts of the
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What Needs To Be
Done…
• It’s high time the government took
some high strides for the upliftment
of the poor while accentuating it’s
economic development.

• The government can implement


national development policies while
taking care of it’s international
commitments and agreements.
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ROLE-PLAY
• The middle-class who is benefitting
from globalization also has a role to
play.
• By pressing upon the government for
the implementation of poverty
reduction policies in sync with
economic growth policies.
• By these measures, they can be
pivotal in helping the poor to mollify
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• These facts and figures highlight how
the hyped globalization has an effect
only on the affluent and already cash-
rich classes.
• In a country like India, where a major
part of the population goes to bed
hungry daily, globalization has a very
important part to play.
• But sadly, the potential of globalization
has been left untapped, and it’s effect
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BOTTOM LINE

A nation like India cannot aim to


prosper through globalization when a
major chunk of it’s population is
struggling for nothing more than a
simple livelihood.

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THANK YOU !
Prepared by:

• Vipul
• Vineet
• Kanishk
• Yogesh
• Kalim
• Saahil

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