Question

the us government gives massive sums of money to farmers for production. at times, governments also give support to promote production of certain types of goods, such as those which are environmentally friendly.discuss whether these are fair or not.

Answer 1

1) Globalisation and growth of MNCs in India have increased the growth and economic development considerably

2) Moreover, these developments have increased foreign investment. In the recent years, the Central and State governments are taking special steps to attract foreign companies to invest in India.

3) In India, there are Special Economic zones known as SEZs that have been set up and these facilities have world class facilities like electricity, water, roads, transport, etc

4) Government has also allowed flexibility in the labour laws to attract foreign investment provided that these companies obey certain rules that have been framed to protect workers’ rights and safety.

5) These practices are fair to a certain extent as Government have relaxed many laws for the benefits of workers.

6) Hence, Government has to frame policies that suits both workers and producers, both locally and internationally.