The Hindu : Karnataka / Bangalore News : Disparity increasing between nations: Joshi

Online edition of India's National Newspaper
Thursday, Nov 02, 2006
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Karnataka

Karnataka - Bangalore

Disparity increasing between nations: Joshi

Staff Reporter

DISCUSSING REFORMS: Former Union Minister Murli Manohar Joshi (second from left) interacting with the former Governor of Bihar M. Rama Jois (second from right) at the inauguration of seminar in Bangalore on Wednesday. — Photo: V. Sreenivasa M urthy

BANGALORE: Globalisation was never intended to benefit the poor, or help the developing countries cross the economic divide and join the developed nations. Only a nationalistic approach to solving the problems of food security and imbalance in economy can help a country such as India make the transition, the former Union Minister Murli Manohar Joshi said here on Wednesday.

Wal-Mart, the U.S. retail major, and Monsanto would soon be dictating the terms of India's future agriculture policies, and that could be one of the most disturbing consequences of globalisation, he warned.

He was speaking at a workshop on "Nationalism in the age of globalisation — A quest — conflict or convergence," organised by the Sri Guru Golwalkar Janmashatabdi Samiti.

Dr. Joshi said globalisation resulted in the disparity between the rich and poor nations widening further. Despite the promises made at the time of trying to make the concept acceptable, several years on, only Denmark and Sweden are contributing about 0.7 per cent of the GDP for the social sector.

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