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
