Question

Write any two negative impacts of globalisation on the Indian economy.

Mention any two negative impacts of globalisation in India.

State two negative impacts of globalisation.

Answer 1

1. Threat to small producers: Local small firms lose out to MNC competition, leading to closures and job losses.
2. Unequal gains: Growth concentrated in urban and service sectors; agriculture bypassed, poor and rural groups left behind, widening inequality and price volatility.