How can the Government of India play a major role to make globalisation more fair? Explain with examples.

 

Answer:

Points to Remember

Answer to be written in exam

The government can play a significant role in making the process of globalization fair for everyone.

Steps that government should take to make globalization fair are:

  • Government must safeguard the interests of all citizens , not just those who are wealthy and powerful. For example, the government can ensure that labor rules are followed and that workers receive adequate compensation.
  • Government should encourage small producers to increase their output until they are capable of competing.
  • The government may impose trade and investment barriers in their favor.
  • Government can also align with other developing countries with similar interests to fight against the domination of developed countries in the WTO.

*WRITE ANY 3 POINTS

 
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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.