Trying to find the right answer to this..

Globalisation and The Indian Economy

How would flexibility in labour laws help companies?

Government has also allowed flexibility in the labour laws to attract foreign investment

Instead of hiring workers on a regular basis, companies hire workers ‘flexibly’ for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company.

1574 Views

What do you understand by globalisation? Explain in your own words.

What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?

What are the various ways in which MNCs set up, or control production in other countries?

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

First 1 2 3 Last