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GLOBALAIZATION

AND ITS IMPACT ON


INDIAN CULTURE
WE HAVE EVERYTHING BY
GLOBALIZATION, WE HAVE
NOTHING BY GLOBALIZATION
WHAT IS GLOBALIZATION?

 Spread Of; Manufacturing, Services,


Markets, Culture, Lifestyle, Capital,
Technology & Ideas across National
Boundaries & Around The World
 Also The Integration Of These
Geographically Dispersed Economic & Social
Activities.
 Huge Impact On People & Nations. The
Whole World Is Affected By Globalization.
WHAT ARE THE POSSITIVE

EFFECTS OF THE GLOBALIZATION

ON INDIAN CULTURE
CULTURAL CHANGES IN
INDIA
CULTURAL CHANGES

 Access To Television Grew From10% Of Urban Population(1991)


To 75% Of Urban Population(1999).

 Cable Television And Foreign Movies Becamewidely Avilable For


The First Time And Have Acted As A Catalistin Bulldozing The
Culture Bonderies.

 Indian Youth Leaving Education In Mid-way And Join Mnc’s

 There Has Been Increase In The Violence, Particularly Against


Women
 Extension Of Internet Facilities even To Rural Areas

 In Place Of Old Cinema Halls, Multiplex Theatres Are Coming


Up’s

 Old Restaurants Are Replaced By Mc Donald’s. Fast Food And


Chinese Dishes have Replaced Juice Corners And parathas.

 More Availability Of Cheap filthy Material (CD’s Or DVD’s Of


Hollywood Movies, Porn Movies, Sex Toys, foreign Channel Like
M TV) In The Name Of Liberalization.
 Scientific And Technological Innovationshave Made Life
Quite Comfortable, Fast Andenjoyable.

 More Inflow Of Money Has Aggraveted Deep Rooted


Problem Of Corruption.

 More Scandals And Scams Cmpared To Pre-globalization


Era
ECONOMIC CHANGES
 A Country Of Savers Has Become Spenders

 Greater Employment Apportunities For The Masses

 Companies And Government Have Change The Way


They Do Business To Cut The Red Tapisum

 The Rupee Has Gained On The Dollars So It Is Less


Advantage For Indians To Live Overseas And Send
Money Back…
THE BRIGHT SIDE OF
GLOBALIZATION

 The Rate Of Growth Of Gdp Of India Has Beenon


The Increase From 5.6% During 1980-90 To 7% In
1993-2001 Period.In The Last Four Years The
Annual Growth Rate Of Gdp Was Impressiv At7.5%
(2003-04), 8.5% (2004-05) 9% (2005-06) And 9.2%
(2006-07).

 The Foreign Exchange Reseves Were $ 39bn(2000-


01),$107 Bn(2003-04),$145 Bn (2005-06), $180bn
(In February 2007).
 India’s Trade Deficit During 1990-91to 2006-07range Between
3.6% To 6.9% Of GDP.

 The Fluctuation In Foreign Portfolio Investment Were Much


Sharper Then FDI, The FPI Rate Was Decreases By 36%
From Period1990-00 And Again Shows Upward Growth Rate In
Period 00-07was 22.1%.

 FDI (Net) Shows A Gradual Upward Growth from $97million In


1990-1991 To $3272 Million In 2000-2001 And Again Rising
And Touching The Peak Of $ 8779million In 2006-07.
 SHARE IN WORLD EXPORT RAISE FROM
0.52% IN 1990 TO 1% 2007.
 IN THE RATE OF GROWTH OF PER
CAPITA INCOME THERE HAS BEEN A
SHARO ACCELERATION IN THE GROWTH
OF PER CAPITA INCOME, ALMOST
DOUBLING TO AN AVERAGE OF 7.2% P.A.
DARKER SIDE OF GLOBALIZATION

 Industrialization Do Not Take Per


Expectation
 Share Of Agriculture In Gdp Went Down
Drastically To 24% And Further To 22% In
2006-07.
 The Number Of Rural Lanless
Familiesincreased From 35% In 1987 To
45% In 1999, Further 55% In 2005.
 Corruption, Lack Of Efficiencyin Work And
Ineffective Management Became The
Common Feature Of Public Sector
 Decresed Fdi: The Data Of Fdi Shows 50%
Gradual Upword Growth From 90-00. The
Fdi Growth Decresed By 20% From Period
2000-07.
 Our Progress In Education Has Been Slow
And Superficial,without Depth & Quality, To
Compete The International Standards.
 People Depending On Agriculture In India Is
About 60% Where As Same For U.K. Is 2%
And U.S. Is 2%.
CONCLUSION

To Conclude The Benefits Of Economic


Reforms On Indian Economy Would Get
Achieved, Only If The Negetive Impacts Are
Settled Or Neutralised.Hence Along With
Globalization And Restructuring The
Economy, Efforts.

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