Question

Explain any two negative consequences of globalisation in India.

Hint:

Think of the loss of livelihood for farmers and small producers, and the gap between rich and poor.

Answer 1

Step 1: Understand the question:
Globalisation has increased trade and the flow of ideas and capital across borders.
The question asks for two bad effects of this process on India.

Step 2: Consequence 1: Threat to farmers and small producers:
Small farmers and small industries had to face cheap imports and big foreign companies.
Many of them lost income or their jobs, and some farmers fell into debt, so the livelihood of many people became insecure.

Step 3: Consequence 2: Growing inequality:
The gains from globalisation went mainly to the educated and the urban rich, and to those with skills and capital.
The gap between the rich and the poor, and between urban and rural areas, grew wider.
The country also felt a pressure on its local culture from foreign products and styles.

Final Answer:
Two negative consequences: loss of livelihood for farmers and small producers, and wider economic inequality.