Globalization and it's impact on the economic and social sectors of India.
Globalization and it's impact on the economic and social sectors of India.
What do you mean by globalization? Discuss the impact of globalization on the economic and social sectors of India.
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Globalization:
Introduction:-
In this generation, globalization is the name of a worldview. There is a hint of globalization in every groove of human life. Every person is familiar with this word today. Life and globalization are bound by an inseparable bond of friendship. The concept was born in 1990. Globalization is a system of interaction and interconnection that initiates coordination and interaction between governments, institutions and people of different nations. The driving force of this system is international trade and investment and its main supporting force is information technology. That is, it is a process with the help of which state-centered organizations develop interstate relations around the world.
Globalization is the political and economic policy of conducting trade globally without any barriers. The products of any country can enter any country without any barriers and buyers will buy as they wish, there will be no obstacles in this. This process is an attempt to build a global society or a ‘global village’ by connecting the people of the world in a single thread. Globalization panoramically refers to the extension and expansion of global linkages, the organization and institution of social living on a global parameter and the growth of global consciousness and hence to the consolidation of world society.” This is an idea, which contains the desire to turn the world into a small village, a great declaration of becoming international beyond the borders of the country.
The underlying message of globalization: -
But that is not the reality. Behind this humanistic mask of globalization lies a terrible truth. Behind the implementation of the commercial policies of globalization, there is a clever attempt to bind the economic freedom of the third world in the chains of subjugation. This conspiracy is the imperialist power, the bearer of capitalism in the developed world. Over time, they have become feudal lords, merchants, imperialists, and now, in the guise of globalists, they want to expand capitalist power and make the Third World countries their puppets. And in this way, they will become the dream 'lords-masters-gods of the world village'.
1. Prohibition of any country from subsidizing the production of its own products in order to free up the commercial system,
2. Advice to privatize state-owned factories to make them competitive,
3. Pressure on Third World countries so that industrial products manufactured in the industrialized world can enter the markets of Third World countries duty-free,
4. Quality control to allow Third World countries' products to enter the developed countries,
5. Coming forward with a generous 'loan' hand to help the Third World,
6. Providing sufficient money as loans for various projects including health and education,
7. Providing huge financial support to NGOs,
8. Enslaving the Third World with the rule of ‘patent’ instead of teaching it production methods, and making it only a supplier of raw materials,
9. Creating a lack of rights over manufactured goods
—all of these are a game developed by the advanced brains of capitalist power behind the apparent ‘universal humanity’—through which it has a dream of conquering the entire world and becoming its complete controller. Through globalization, capitalism wants to become the main driving force of the economy.
Professor Dr. Sameer Dasgupta has shown the spread of global capitalism through a diagram in his book Globalization and After. According to him, “The main truth of the capitalist economy is the creation of crises—from which despair is created. And during this period of despair, capitalist countries extend a helping hand in the name of reforms, making countries more dependent and spreading global capitalism.”
Like other third world countries, India could not remain outside the bounds of this process. Globalization has come to India's doorstep through the policies of economic exchange, global connectivity technology, and global marketing advertisements of capitalist countries.
Statistics and Results: -
1. In 1997, a total of 190 countries in the world came within the circle of globalization. India's place is in the third circle, which is called unintegrated developing countries. The characteristics of the countries located in this circle are disorganized and unplanned economic development, debt burden.
2. Globalization was accepted in India in 1991. Although its positive effects were seen initially, India's economic condition is currently becoming increasingly deplorable.
3. The inequality with developed countries is increasing—which is the underlying goal of globalization. If we compare India's development with America, we can see that in 2011, America's gross national product was 15,094 billion dollars, while India's was only 1,847 billion dollars.
4. We also get news about India's financial hardship, debt, etc. in daily newspapers.
5. The impact of globalization on society and culture is even more profound. In 1991, 10% of the urban population in India had a TV, in 2009 it increased to 85%, the colorful and sparkling world of entertainment is now at the doorstep of the home. The increase in the use of tablets, mobiles, computers, the world of Facebook-Twitter-Google, the culture of multiplexes and shopping malls, the celebration of pizza-burgers-coke, Valentine's Day, Father's Day-Mother's Day, the splendor of a dreamy new culture - all these are the charms of globalization. Truly, the whole world is at hand today.
6. Cultural change: Globalization has changed culture and thinking. Globalization has spread a web of invisible illusion over the existence of our tradition, our heritage, our eternal culture , making its multifaceted being endangered. And the people of this generation are the bearers of this endangered tradition.
7. For millions of people in the Third World, this is the process of the destruction of traditional traditions of life, the devaluation of the standard of living, social and moral values and culture.
Conclusion: -
In reality, responding to the overwhelming attraction of globalization, now the game of reality has begun after the break of that dream. Amidst fears and anxieties, there is always one question - will we not be able to cut the net of capitalism and be free? Will the dream of socialism remain a dream? Today, people are seen everywhere in society burdened with debt - which is one of the most extreme evils of globalization. In Third World countries including India, extreme economic inequality, exploitation, deprivation and lamentation, the black shadow of terrorism and people's anger are seen.
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