Globalization: good or bad ?

globalisationAre we trying to underline only the positives and ignoring the negatives when we say that India is a globalized and is flourishing.

Does everybody benefit from globalization?
The hinterland might disagree.

Navhind times reports:

There is a lot of untruth in the claim that everybody benefits from globalisation and reforms. If that were the case, farmers would not have been taking their lives, and the number of suicides by farmers would not have been highest in Maharashtra – the most- favoured destination for investment. How are they going to explain the three cases that were reported last week: Just a day after the Prime Minister, Dr Manmohan Singh laid the foundation stone of the multi-crore project, the new Mumbai metro, not one but five farmers committed suicide, one in Yavatmal and four in Vidarbha district of Maharashtra.

While the government is too eager to invest huge amounts in building up infrastructure–only yesterday Dr Singh hiked the National Highway Project Corpus to Rs 2,20,000 crore– it is yet to evolve a mechanism to safeguard the interests of the farmers and agriculture. How one should see it? At a time when the demand for credit in agricultural sector has multiplied and is also severely felt by the farmers, the government is not too keen to meet their demands! Instead of helping out farmers to come out of the financial morass by encouraging them to grow more, it has opted for importing wheat and sugar!

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