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What can be done by employers at the exporting factories so that the workers can get a fair share of benefits brought by globalisation?

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Question

What can be done by employers at the exporting factories so that the workers can get a fair share of benefits brought by globalisation?

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Solution

Employers in exporting factories should ensure that workers benefit from globalisation by offering permanent positions with structural security rather than unstable temporary contracts. They must provide reasonable, living wages, as well as regulated working hours and appropriate overtime compensation. Furthermore, firms should closely adhere to national safety requirements to ensure safe workplaces, while also providing critical social security benefits such as provident funds and healthcare, ensuring that corporate profits directly benefit their employees’ livelihoods.

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Chapter 4: Globalisation and the Indian Economy - Intext Questions [Page 70]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 4 Globalisation and the Indian Economy
Intext Questions | Q 2. (b) | Page 70
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